Commodity ratio · live
Bitumen to Canola Ratio
The bitumen to canola ratio is 5.751 — Bitumen at $4,544.00 per Metric Ton divided by Canola at $790.12 per Metric Ton.
Prices as of Aug 24, 2026, 10:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Bitumen to Canola ratio
1.000 T of bitumen = 5.751 T of canola
Inverse (CANOLA/BIT): 0.1739 — one Metric Ton of canola buys that much bitumen.
Above its 1 year average. (83th percentile of the last 1 year)
Bitumen
¥4,544.00
per Metric Ton
Canola
CA$790.12
per Metric Ton
Unit basis: CNY per Metric Ton ÷ CAD per Metric Ton. The ratio reads as Metric Tons of canola per Metric Ton of bitumen. Prices as of Mon, 24 Aug 2026 10:25:44 GMT.
These two commodities are quoted in different currencies (CNY and CAD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
5.336
median 5.287
1Y low
4.491
Dec 2, 2025
1Y high
6.491
Mar 27, 2026
Normal band
4.927–5.746
mean ± 1 std dev
Deviation from mean
+1.01σ
313 observations
Bitumen to Canola ratio charts
Pick a range once — it applies to the BIT/CANOLA ratio line, the OHLC candles and the Bitumen / Canola price chart below.
BIT/CANOLA ratio line
How many T of Canola one T of Bitumen buys, over 1Y.
BIT/CANOLA ratio candles
Open, high, low and close of the BIT/CANOLA ratio for each period in the last 1Y.
Bitumen and Canola 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 canola ratio
Bitumen to Canola ratio = Bitumen price per Metric Ton ÷ Canola price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of canola per Metric Ton of bitumen — rather than a plain count.
Worked example, live prices: $4,544.00 ÷ $790.12 = 5.751. The inverse is 0.1739.
The flagship commodity ratios
Each of these has its own dedicated page with live pricing, a full year of history and range statistics.
Live prices behind the ratio
| # | Symbol | Name | Rate (USD) |
|---|---|---|---|
| 1 | XAU | Gold | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the bitumen to canola ratio today?
The bitumen to canola ratio is 5.751 — Bitumen at $4,544.00 per Metric Ton divided by Canola at $790.12 per Metric Ton, from live mid-market prices.
How do you calculate the bitumen to canola ratio?
Divide the bitumen price per Metric Ton by the canola price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of canola per Metric Ton of bitumen.
What is the inverse of the bitumen to canola ratio?
The inverse, canola to bitumen, is 0.1739 — how many Metric Tons of bitumen one Metric Ton of canola buys.