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Price of 791542807 Grams Palm-oil

791542807 Grams of Palm-oil is equal to
= $1195360.01
791542807 grams of palm-oil = $1195360.0056703
7915428070 grams of palm-oil = $11953600.056703
79154280700 grams of palm-oil = $119536000.56703
791542807000 grams of palm-oil = $1195360005.6703
More Price Conversion:
924 grams of palm-oil
177000 grams of palm-oil
3947339048 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 Nov 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.