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Price of 8478460180 Troy Ounces of Aluminium

8478460180 Troy-ounces of Aluminium is equal to
= $494173334.61
8478460180 troy-ounces of aluminium = $494173334.60614
84784601800 troy-ounces of aluminium = $4941733346.0614
847846018000 troy-ounces of aluminium = $49417333460.614
8478460180000 troy-ounces of aluminium = $494173334606.14
More Price Conversion:
1 troy-ounces of aluminium
489 troy-ounces of aluminium
589000 troy-ounces of aluminium
1169663235 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 Oct 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.