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Not much - it is jargonese. It is used to indicate very low levels indeed, but without any specific measure. Given that trace levels would generally be considered to be in the order of a few to a few tens of parts per million, perhaps something like a hundreth that level or less would be ultra trace???? It really depends on context - trace in one context is relative abundance in another.

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16y ago

What else can I help you with?