Commodity ratio · live
Bitumen to Wool Ratio
The bitumen to wool ratio is 2.508 — Bitumen at $4,544.00 per Metric Ton divided by Wool at $1,812.00 per 100 Kilogram.
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 Wool ratio
1.000 T of bitumen = 2.508 100 Kg of wool
Inverse (WOOL/BIT): 0.3988 — one 100 Kilogram of wool buys that much bitumen.
Above its 1 year average. (88th percentile of the last 1 year)
Bitumen
¥4,544.00
per Metric Ton
Wool
AU$1,812.00
per 100 Kilogram
Unit basis: CNY per Metric Ton ÷ AUD per 100 Kilogram. The ratio reads as 100 Kilograms of wool per Metric Ton of bitumen. Prices as of Mon, 24 Aug 2026 11:15:36 GMT.
These two commodities are quoted in different currencies (CNY and AUD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
2.604
median 2.181
1Y low
1.851
Dec 16, 2025
1Y high
44.23
May 4, 2026
Normal band
0.000–6.631
mean ± 1 std dev
Deviation from mean
-0.02σ
311 observations
Bitumen to Wool ratio charts
Pick a range once — it applies to the BIT/WOOL ratio line, the OHLC candles and the Bitumen / Wool price chart below.
BIT/WOOL ratio line
How many 100 Kg of Wool one T of Bitumen buys, over 1Y.
BIT/WOOL ratio candles
Open, high, low and close of the BIT/WOOL ratio for each period in the last 1Y.
Bitumen and Wool 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 wool ratio
Bitumen to Wool ratio = Bitumen price per Metric Ton ÷ Wool price per 100 Kilogram
The two legs use different units, so the result is a rate — 100 Kilograms of wool per Metric Ton of bitumen — rather than a plain count.
Worked example, live prices: $4,544.00 ÷ $1,812.00 = 2.508. The inverse is 0.3988.
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 wool ratio today?
The bitumen to wool ratio is 2.508 — Bitumen at $4,544.00 per Metric Ton divided by Wool at $1,812.00 per 100 Kilogram, from live mid-market prices.
How do you calculate the bitumen to wool ratio?
Divide the bitumen price per Metric Ton by the wool price per 100 Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as 100 Kilograms of wool per Metric Ton of bitumen.
What is the inverse of the bitumen to wool ratio?
The inverse, wool to bitumen, is 0.3988 — how many Metric Tons of bitumen one 100 Kilogram of wool buys.