Commodity ratio · live
Bitumen to Polyethylene Ratio
The bitumen to polyethylene ratio is 0.5784 — Bitumen at $4,544.00 per Metric Ton divided by Polyethylene at $7,856.00 per Metric Ton.
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 Polyethylene ratio
1.000 T of bitumen = 0.5784 T of polyethylene
Inverse (POL/BIT): 1.729 — one Metric Ton of polyethylene buys that much bitumen.
Near the top of its 1 year range — historically stretched. (98th percentile of the last 1 year)
Bitumen
¥4,544.00
per Metric Ton
Polyethylene
¥7,856.00
per Metric Ton
Unit basis: CNY per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of polyethylene per Metric Ton of bitumen. Prices as of Mon, 24 Aug 2026 11:15:34 GMT.
1Y average
0.5008
median 0.4927
1Y low
0.4235
Mar 8, 2026
1Y high
0.5928
Jun 30, 2026
Normal band
0.4629–0.5386
mean ± 1 std dev
Deviation from mean
+2.05σ
295 observations
Bitumen to Polyethylene ratio charts
Pick a range once — it applies to the BIT/POL ratio line, the OHLC candles and the Bitumen / Polyethylene price chart below.
BIT/POL ratio line
How many T of Polyethylene one T of Bitumen buys, over 1Y.
BIT/POL ratio candles
Open, high, low and close of the BIT/POL ratio for each period in the last 1Y.
Bitumen and Polyethylene 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 polyethylene ratio
Bitumen to Polyethylene ratio = Bitumen price per Metric Ton ÷ Polyethylene 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 ÷ $7,856.00 = 0.5784. The inverse is 1.729.
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 polyethylene ratio today?
The bitumen to polyethylene ratio is 0.5784 — Bitumen at $4,544.00 per Metric Ton divided by Polyethylene at $7,856.00 per Metric Ton, from live mid-market prices.
How do you calculate the bitumen to polyethylene ratio?
Divide the bitumen price per Metric Ton by the polyethylene 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 polyethylene per Metric Ton of bitumen.
What is the inverse of the bitumen to polyethylene ratio?
The inverse, polyethylene to bitumen, is 1.729 — how many Metric Tons of bitumen one Metric Ton of polyethylene buys.