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Price of 818584739 Tons Palm-oil

818584739 Tons of Palm-oil is equal to
= $1121461092430
818584739 tons of palm-oil = $1121461092430
8185847390 tons of palm-oil = $11214610924300
81858473900 tons of palm-oil = $1.12146109243E+14
818584739000 tons of palm-oil = $1.12146109243E+15
More Price Conversion:
369 tons of palm-oil
780000 tons of palm-oil
5103406164 tons 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 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.