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Price of 5063281026 Troy Ounces of Aluminium

5063281026 Troy-ounces of Aluminium is equal to
= $295117086.78
5063281026 troy-ounces of aluminium = $295117086.77582
50632810260 troy-ounces of aluminium = $2951170867.7582
506328102600 troy-ounces of aluminium = $29511708677.582
5063281026000 troy-ounces of aluminium = $295117086775.82
More Price Conversion:
1 troy-ounces of aluminium
91 troy-ounces of aluminium
163000 troy-ounces of aluminium
7900607987 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 Dec 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.