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Price of 5909615993 Grams Palm-oil

5909615993 Grams of Palm-oil is equal to
= $8924493.46
5909615993 grams of palm-oil = $8924493.463184
59096159930 grams of palm-oil = $89244934.63184
590961599300 grams of palm-oil = $892449346.3184
5909615993000 grams of palm-oil = $8924493463.184
More Price Conversion:
213 grams of palm-oil
621000 grams of palm-oil
4495954371 grams of palm-oil

*please enter quantity number, select a unit and the type of commodity goods, then click getPrice button.

Precious Metals & Solid Commodity:
Oils & Fuel:
Agricultures & Livestocks:

*The average price as of Dec 2024.
Source: markets.businessinsider.com

Average Commodity Price

Use this tool to find the average price of commodities.

What is a commodity?

In economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.

The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price.

Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemicals and computer memory.