Commodity ratio · live

Bitumen to Ethanol Ratio

The bitumen to ethanol ratio is 2143 Bitumen at $4,544.00 per Metric Ton divided by Ethanol at $2.12 per Gallon.

Prices as of Aug 24, 2026, 10:22 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Bitumen to Ethanol ratio

2143+17.91% / 1Y

1.000 T of bitumen = 2,143.4 Gal of ethanol

Inverse (ETHANOL/BIT): 0.0004665 — one Gallon of ethanol buys that much bitumen.

Above its 1 year average. (71th percentile of the last 1 year)

Bitumen

¥4,544.00

per Metric Ton

Ethanol

$2.12

per Gallon

Unit basis: CNY per Metric Ton ÷ USD per Gallon. The ratio reads as Gallons of ethanol per Metric Ton of bitumen. Prices as of Mon, 24 Aug 2026 10:22:54 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

2018

median 2032

1Y low

1664

Oct 5, 2025

1Y high

2454

Jun 11, 2026

Normal band

1845–2191

mean ± 1 std dev

Deviation from mean

+0.72σ

312 observations

Bitumen to Ethanol ratio charts

Pick a range once — it applies to the BIT/ETHANOL ratio line, the OHLC candles and the Bitumen / Ethanol price chart below.

BIT/ETHANOL ratio line

How many Gal of Ethanol one T of Bitumen buys, over 1Y.

BIT/ETHANOL ratio candles

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

Bitumen and Ethanol 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 ethanol ratio

Bitumen to Ethanol ratio = Bitumen price per Metric Ton ÷ Ethanol price per Gallon

The two legs use different units, so the result is a rate — Gallons of ethanol per Metric Ton of bitumen — rather than a plain count.

Worked example, live prices: $4,544.00 ÷ $2.12 = 2143. The inverse is 0.0004665.

Live prices behind the ratio

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7PAPalladium1351.00

Frequently asked questions

What is the bitumen to ethanol ratio today?

The bitumen to ethanol ratio is 2143 — Bitumen at $4,544.00 per Metric Ton divided by Ethanol at $2.12 per Gallon, from live mid-market prices.

How do you calculate the bitumen to ethanol ratio?

Divide the bitumen price per Metric Ton by the ethanol price per Gallon. If the two units differ, the result is a rate rather than a plain count — read it as Gallons of ethanol per Metric Ton of bitumen.

What is the inverse of the bitumen to ethanol ratio?

The inverse, ethanol to bitumen, is 0.0004665 — how many Metric Tons of bitumen one Gallon of ethanol buys.

Bitumen to Ethanol Ratio — 2143 Today | CommodityPriceAPI