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Price of 976 Pounds Lbs of Platinum

976 Pounds-lbs of Platinum is equal to
= $13665516.41
976 pounds-lbs of platinum = $13665516.409003
9760 pounds-lbs of platinum = $136655164.09003
97600 pounds-lbs of platinum = $1366551640.9003
976000 pounds-lbs of platinum = $13665516409.003
More Price Conversion:
1 pounds-lbs of platinum
530 pounds-lbs of platinum
563000 pounds-lbs of platinum
5878410253 pounds-lbs of platinum

*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 Aug 2022.

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.