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Price of 8894488065 Troy Ounces of Aluminium

8894488065 Troy-ounces of Aluminium is equal to
= $518421828.18
8894488065 troy-ounces of aluminium = $518421828.18338
88944880650 troy-ounces of aluminium = $5184218281.8338
889448806500 troy-ounces of aluminium = $51842182818.338
8894488065000 troy-ounces of aluminium = $518421828183.38
More Price Conversion:
1 troy-ounces of aluminium
849 troy-ounces of aluminium
272000 troy-ounces of aluminium
7341943220 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.