Commodity ratio · live

Bitumen to Boxed Beef Cutout, Choice Ratio

The bitumen to boxed beef cutout, choice ratio is 11.62 Bitumen at $4,544.00 per Metric Ton divided by Boxed Beef Cutout, Choice at $391.15 per Hundredweight.

Prices as of Aug 24, 2026, 10:24 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Bitumen to Boxed Beef Cutout, Choice ratio

11.62+9.16% / 1Y

1.000 T of bitumen = 11.617 cwt of boxed beef cutout, choice

Inverse (BEEF-CHOICE/BIT): 0.08608 — one Hundredweight of boxed beef cutout, choice buys that much bitumen.

Near the top of its 1 year range — historically stretched. (92th percentile of the last 1 year)

Bitumen

¥4,544.00

per Metric Ton

Boxed Beef Cutout, Choice

$391.15

per Hundredweight

Unit basis: CNY per Metric Ton ÷ USD per Hundredweight. The ratio reads as Hundredweights of boxed beef cutout, choice per Metric Ton of bitumen. Prices as of Mon, 24 Aug 2026 10:24:40 GMT.

These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

11.21

median 11.18

1Y low

10.44

Aug 5, 2026

1Y high

11.72

Aug 21, 2026

Normal band

10.95–11.47

mean ± 1 std dev

Deviation from mean

+1.55σ

13 observations

Bitumen to Boxed Beef Cutout, Choice ratio charts

Pick a range once — it applies to the BIT/BEEF-CHOICE ratio line, the OHLC candles and the Bitumen / Boxed Beef Cutout, Choice price chart below.

BIT/BEEF-CHOICE ratio line

How many cwt of Boxed Beef Cutout, Choice one T of Bitumen buys, over 1Y.

BIT/BEEF-CHOICE ratio candles

Open, high, low and close of the BIT/BEEF-CHOICE ratio for each period in the last 1Y.

Bitumen and Boxed Beef Cutout, Choice prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the bitumen to boxed beef cutout, choice ratio

Bitumen to Boxed Beef Cutout, Choice ratio = Bitumen price per Metric Ton ÷ Boxed Beef Cutout, Choice price per Hundredweight

The two legs use different units, so the result is a rate — Hundredweights of boxed beef cutout, choice per Metric Ton of bitumen — rather than a plain count.

Worked example, live prices: $4,544.00 ÷ $391.15 = 11.62. The inverse is 0.08608.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the bitumen to boxed beef cutout, choice ratio today?

The bitumen to boxed beef cutout, choice ratio is 11.62 — Bitumen at $4,544.00 per Metric Ton divided by Boxed Beef Cutout, Choice at $391.15 per Hundredweight, from live mid-market prices.

How do you calculate the bitumen to boxed beef cutout, choice ratio?

Divide the bitumen price per Metric Ton by the boxed beef cutout, choice price per Hundredweight. If the two units differ, the result is a rate rather than a plain count — read it as Hundredweights of boxed beef cutout, choice per Metric Ton of bitumen.

What is the inverse of the bitumen to boxed beef cutout, choice ratio?

The inverse, boxed beef cutout, choice to bitumen, is 0.08608 — how many Metric Tons of bitumen one Hundredweight of boxed beef cutout, choice buys.

Bitumen to Boxed Beef Cutout, Choice Ratio — 11.62 Today | CommodityPriceAPI