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Price of 8360715393 Tons Palm-oil

8360715393 Tons of Palm-oil is equal to
= $11454180088410
8360715393 tons of palm-oil = $11454180088410
83607153930 tons of palm-oil = $1.145418008841E+14
836071539300 tons of palm-oil = $1.145418008841E+15
8360715393000 tons of palm-oil = $1.145418008841E+16
More Price Conversion:
614 tons of palm-oil
878000 tons of palm-oil
1925415849 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.