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Price of 7005874366 Tons Rapeseed

7005874366 Tons of Rapeseed is equal to
= $1626363692107.1
7005874366 tons of rapeseed = $1626363692107.1
70058743660 tons of rapeseed = $16263636921071
700587436600 tons of rapeseed = $1.6263636921071E+14
7005874366000 tons of rapeseed = $1.6263636921071E+15
More Price Conversion:
664 tons of rapeseed
239000 tons of rapeseed
8541050223 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 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.