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Price of 9697949348 Ounces Rapeseed

9697949348 Ounces of Rapeseed is equal to
= $70353427.19
9697949348 ounces of rapeseed = $70353427.189732
96979493480 ounces of rapeseed = $703534271.89732
969794934800 ounces of rapeseed = $7035342718.9732
9697949348000 ounces of rapeseed = $70353427189.732
More Price Conversion:
416 ounces of rapeseed
389000 ounces of rapeseed
7046418018 ounces 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.