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Price of 4904609934 Tons Rapeseed

4904609934 Tons of Rapeseed is equal to
= $1138570163250
4904609934 tons of rapeseed = $1138570163250
49046099340 tons of rapeseed = $11385701632500
490460993400 tons of rapeseed = $1.13857016325E+14
4904609934000 tons of rapeseed = $1.13857016325E+15
More Price Conversion:
149 tons of rapeseed
331000 tons of rapeseed
8375351955 tons of rapeseed

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

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*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.