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Price of 500 Kilograms Milk

500 Kilograms of Milk is equal to
= $177.16
500 kilograms of milk = $177.15696428571
5000 kilograms of milk = $1771.5696428571
50000 kilograms of milk = $17715.696428571
500000 kilograms of milk = $177156.96428571
More Price Conversion:
552 kilograms of milk
740000 kilograms of milk
4799928882 kilograms of milk

*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 Mar 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.