Commodity ratio · live

Bitumen to Palladium Ratio

The bitumen to palladium ratio is 3.358 Bitumen at $4,544.00 per Metric Ton divided by Palladium at $1,353.10 per Troy Ounce.

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 Palladium ratio

3.358+9.01% / 1Y

1.000 T of bitumen = 3.358 T.oz of palladium

Inverse (PA/BIT): 0.2978 — one Troy Ounce of palladium buys that much bitumen.

Near the top of its 1 year range — historically stretched. (94th percentile of the last 1 year)

Bitumen

¥4,544.00

per Metric Ton

Palladium

$1,353.10

per Troy Ounce

Unit basis: CNY per Metric Ton ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of palladium per Metric Ton of bitumen. Prices as of Mon, 24 Aug 2026 10:23:32 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

2.608

median 2.745

1Y low

1.502

Dec 28, 2025

1Y high

3.889

Jun 10, 2026

Normal band

2.028–3.187

mean ± 1 std dev

Deviation from mean

+1.29σ

306 observations

Bitumen to Palladium ratio charts

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

BIT/PA ratio line

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

BIT/PA ratio candles

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

Bitumen and Palladium 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 palladium ratio

Bitumen to Palladium ratio = Bitumen price per Metric Ton ÷ Palladium price per Troy Ounce

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

Worked example, live prices: $4,544.00 ÷ $1,353.10 = 3.358. The inverse is 0.2978.

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 palladium ratio today?

The bitumen to palladium ratio is 3.358 — Bitumen at $4,544.00 per Metric Ton divided by Palladium at $1,353.10 per Troy Ounce, from live mid-market prices.

How do you calculate the bitumen to palladium ratio?

Divide the bitumen price per Metric Ton by the palladium price per Troy Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Troy Ounces of palladium per Metric Ton of bitumen.

What is the inverse of the bitumen to palladium ratio?

The inverse, palladium to bitumen, is 0.2978 — how many Metric Tons of bitumen one Troy Ounce of palladium buys.

Bitumen to Palladium Ratio — 3.358 Today | CommodityPriceAPI