Commodity ratio · live

Bitumen to Neodymium Ratio

The bitumen to neodymium ratio is 0.004771 Bitumen at $4,544.00 per Metric Ton divided by Neodymium at $952,500.00 per Metric Ton.

Prices as of Aug 24, 2026, 10:23 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Bitumen to Neodymium ratio

0.004771+7.86% / 1Y

1.000 T of bitumen = 0.004771 T of neodymium

Inverse (NDYM/BIT): 209.6 — one Metric Ton of neodymium buys that much bitumen.

Near the top of its 1 year range — historically stretched. (95th percentile of the last 1 year)

Bitumen

¥4,544.00

per Metric Ton

Neodymium

$952,500.00

per Metric Ton

Unit basis: CNY per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of neodymium per Metric Ton of bitumen. Prices as of Mon, 24 Aug 2026 10:23:44 GMT.

1Y average

0.004162

median 0.004205

1Y low

0.002872

Feb 25, 2026

1Y high

0.004975

Oct 24, 2025

Normal band

0.003736–0.004588

mean ± 1 std dev

Deviation from mean

+1.43σ

305 observations

Bitumen to Neodymium ratio charts

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

BIT/NDYM ratio line

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

BIT/NDYM ratio candles

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

Bitumen and Neodymium 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 neodymium ratio

Bitumen to Neodymium ratio = Bitumen price per Metric Ton ÷ Neodymium price per Metric Ton

Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.

Worked example, live prices: $4,544.00 ÷ $952,500.00 = 0.004771. The inverse is 209.6.

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 neodymium ratio today?

The bitumen to neodymium ratio is 0.004771 — Bitumen at $4,544.00 per Metric Ton divided by Neodymium at $952,500.00 per Metric Ton, from live mid-market prices.

How do you calculate the bitumen to neodymium ratio?

Divide the bitumen price per Metric Ton by the neodymium 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 neodymium per Metric Ton of bitumen.

What is the inverse of the bitumen to neodymium ratio?

The inverse, neodymium to bitumen, is 209.6 — how many Metric Tons of bitumen one Metric Ton of neodymium buys.

Bitumen to Neodymium Ratio — 0.004771 Today | CommodityPriceAPI