Commodity ratio · live

Bitumen to Milk Ratio

The bitumen to milk ratio is 273.2 Bitumen at $4,544.00 per Metric Ton divided by Milk at $16.63 per Hundredweight.

Prices as of Aug 24, 2026, 11:16 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Bitumen to Milk ratio

273.2+35.91% / 1Y

1.000 T of bitumen = 273.241 Cwt of milk

Inverse (MILK/BIT): 0.003660 — one Hundredweight of milk buys that much bitumen.

Near the top of its 1 year range — historically stretched. (93th percentile of the last 1 year)

Bitumen

¥4,544.00

per Metric Ton

Milk

$16.63

per Hundredweight

Unit basis: CNY per Metric Ton ÷ USD per Hundredweight. The ratio reads as Hundredweights of milk per Metric Ton of bitumen. Prices as of Mon, 24 Aug 2026 11:16:26 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

226.8

median 225.7

1Y low

168.5

Dec 2, 2025

1Y high

300.1

Mar 30, 2026

Normal band

194.0–259.5

mean ± 1 std dev

Deviation from mean

+1.42σ

312 observations

Bitumen to Milk ratio charts

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

BIT/MILK ratio line

How many Cwt of Milk one T of Bitumen buys, over 1Y.

BIT/MILK ratio candles

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

Bitumen and Milk 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 milk ratio

Bitumen to Milk ratio = Bitumen price per Metric Ton ÷ Milk price per Hundredweight

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

Worked example, live prices: $4,544.00 ÷ $16.63 = 273.2. The inverse is 0.003660.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the bitumen to milk ratio today?

The bitumen to milk ratio is 273.2 — Bitumen at $4,544.00 per Metric Ton divided by Milk at $16.63 per Hundredweight, from live mid-market prices.

How do you calculate the bitumen to milk ratio?

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

What is the inverse of the bitumen to milk ratio?

The inverse, milk to bitumen, is 0.003660 — how many Metric Tons of bitumen one Hundredweight of milk buys.

Bitumen to Milk Ratio — 273.2 Today | CommodityPriceAPI