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Price of 7126203067 Grams Palm-oil

7126203067 Grams of Palm-oil is equal to
= $10761740.32
7126203067 grams of palm-oil = $10761740.316815
71262030670 grams of palm-oil = $107617403.16815
712620306700 grams of palm-oil = $1076174031.6815
7126203067000 grams of palm-oil = $10761740316.815
More Price Conversion:
504 grams of palm-oil
359000 grams of palm-oil
5800097295 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:
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*The average price as of Jan 2025.
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.