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Price of 1507832261 Troy Ounces of Aluminium

1507832261 Troy-ounces of Aluminium is equal to
= $87885120.72
1507832261 troy-ounces of aluminium = $87885120.720716
15078322610 troy-ounces of aluminium = $878851207.20716
150783226100 troy-ounces of aluminium = $8788512072.0716
1507832261000 troy-ounces of aluminium = $87885120720.716
More Price Conversion:
1 troy-ounces of aluminium
918 troy-ounces of aluminium
542000 troy-ounces of aluminium
4358745512 troy-ounces of aluminium

*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 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.