Commodity ratio · live
Butter to Magnesium Ratio
The butter to magnesium ratio is 0.2574 — Butter at $4,350.00 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:26 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Butter to Magnesium ratio
1.000 T of butter = 0.2574 T of magnesium
Inverse (MG/BUTTER): 3.885 — one Metric Ton of magnesium buys that much butter.
Close to the middle of its 1 year range. (62th percentile of the last 1 year)
Butter
€4,350.00
per Metric Ton
Magnesium
¥16,900.00
per Metric Ton
Unit basis: EUR per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Metric Ton of butter. Prices as of Mon, 24 Aug 2026 10:26:58 GMT.
These two commodities are quoted in different currencies (EUR and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.2615
median 0.2467
1Y low
0.2198
May 4, 2026
1Y high
0.3809
Aug 24, 2025
Normal band
0.2243–0.2987
mean ± 1 std dev
Deviation from mean
-0.11σ
358 observations
Butter to Magnesium ratio charts
Pick a range once — it applies to the BUTTER/MG ratio line, the OHLC candles and the Butter / Magnesium price chart below.
BUTTER/MG ratio line
How many T of Magnesium one T of Butter buys, over 1Y.
BUTTER/MG ratio candles
Open, high, low and close of the BUTTER/MG ratio for each period in the last 1Y.
Butter and Magnesium prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the butter to magnesium ratio
Butter to Magnesium ratio = Butter price per Metric Ton ÷ Magnesium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of magnesium per Metric Ton of butter — rather than a plain count.
Worked example, live prices: $4,350.00 ÷ $16,900.00 = 0.2574. The inverse is 3.885.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the butter to magnesium ratio today?
The butter to magnesium ratio is 0.2574 — Butter at $4,350.00 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the butter to magnesium ratio?
Divide the butter price per Metric Ton by the magnesium 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 magnesium per Metric Ton of butter.
What is the inverse of the butter to magnesium ratio?
The inverse, magnesium to butter, is 3.885 — how many Metric Tons of butter one Metric Ton of magnesium buys.