Commodity ratio · live
Bitumen to Platinum Ratio
The bitumen to platinum ratio is 2.413 — Bitumen at $4,544.00 per Metric Ton divided by Platinum at $1,883.42 per Troy Ounce.
Prices as of Aug 24, 2026, 11:15 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Bitumen to Platinum ratio
1.000 T of bitumen = 2.413 T.oz of platinum
Inverse (PL/BIT): 0.4145 — one Troy Ounce of platinum buys that much bitumen.
Above its 1 year average. (76th percentile of the last 1 year)
Bitumen
¥4,544.00
per Metric Ton
Platinum
$1,883.42
per Troy Ounce
Unit basis: CNY per Metric Ton ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of platinum per Metric Ton of bitumen. Prices as of Mon, 24 Aug 2026 11:15:41 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
2.055
median 2.086
1Y low
1.119
Jan 26, 2026
1Y high
2.825
Jun 10, 2026
Normal band
1.656–2.453
mean ± 1 std dev
Deviation from mean
+0.90σ
306 observations
Bitumen to Platinum ratio charts
Pick a range once — it applies to the BIT/PL ratio line, the OHLC candles and the Bitumen / Platinum price chart below.
BIT/PL ratio line
How many T.oz of Platinum one T of Bitumen buys, over 1Y.
BIT/PL ratio candles
Open, high, low and close of the BIT/PL ratio for each period in the last 1Y.
Bitumen and Platinum 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 platinum ratio
Bitumen to Platinum ratio = Bitumen price per Metric Ton ÷ Platinum price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of platinum per Metric Ton of bitumen — rather than a plain count.
Worked example, live prices: $4,544.00 ÷ $1,883.42 = 2.413. The inverse is 0.4145.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the bitumen to platinum ratio today?
The bitumen to platinum ratio is 2.413 — Bitumen at $4,544.00 per Metric Ton divided by Platinum at $1,883.42 per Troy Ounce, from live mid-market prices.
How do you calculate the bitumen to platinum ratio?
Divide the bitumen price per Metric Ton by the platinum 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 platinum per Metric Ton of bitumen.
What is the inverse of the bitumen to platinum ratio?
The inverse, platinum to bitumen, is 0.4145 — how many Metric Tons of bitumen one Troy Ounce of platinum buys.