Commodity ratio · live
Canola to Bitumen Ratio
The canola to bitumen ratio is 0.1739 — Canola at $790.12 per Metric Ton divided by Bitumen at $4,544.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Canola to Bitumen ratio
1.000 T of canola = 0.1739 T of bitumen
Inverse (BIT/CANOLA): 5.751 — one Metric Ton of bitumen buys that much canola.
Below its 1 year average. (17th percentile of the last 1 year)
Canola
CA$790.12
per Metric Ton
Bitumen
¥4,544.00
per Metric Ton
Unit basis: CAD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of bitumen per Metric Ton of canola. Prices as of Mon, 24 Aug 2026 10:25:41 GMT.
These two commodities are quoted in different currencies (CAD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.1885
median 0.1891
1Y low
0.1541
Mar 27, 2026
1Y high
0.2227
Dec 2, 2025
Normal band
0.1742–0.2027
mean ± 1 std dev
Deviation from mean
-1.03σ
313 observations
Canola to Bitumen ratio charts
Pick a range once — it applies to the CANOLA/BIT ratio line, the OHLC candles and the Canola / Bitumen price chart below.
CANOLA/BIT ratio line
How many T of Bitumen one T of Canola buys, over 1Y.
CANOLA/BIT ratio candles
Open, high, low and close of the CANOLA/BIT ratio for each period in the last 1Y.
Canola and Bitumen prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the canola to bitumen ratio
Canola to Bitumen ratio = Canola price per Metric Ton ÷ Bitumen price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of bitumen per Metric Ton of canola — rather than a plain count.
Worked example, live prices: $790.12 ÷ $4,544.00 = 0.1739. The inverse is 5.751.
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 canola to bitumen ratio today?
The canola to bitumen ratio is 0.1739 — Canola at $790.12 per Metric Ton divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.
How do you calculate the canola to bitumen ratio?
Divide the canola price per Metric Ton by the bitumen 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 bitumen per Metric Ton of canola.
What is the inverse of the canola to bitumen ratio?
The inverse, bitumen to canola, is 5.751 — how many Metric Tons of canola one Metric Ton of bitumen buys.