Commodity ratio · live

Canola to Platinum Ratio

The canola to platinum ratio is 0.4191 Canola at $789.90 per Metric Ton divided by Platinum at $1,884.92 per Troy Ounce.

Prices as of Aug 24, 2026, 10:26 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Canola to Platinum ratio

0.4191-9.49% / 1Y

1.000 T of canola = 0.4191 T.oz of platinum

Inverse (PL/CANOLA): 2.386 — one Troy Ounce of platinum buys that much canola.

Close to the middle of its 1 year range. (67th percentile of the last 1 year)

Canola

CA$789.90

per Metric Ton

Platinum

$1,884.92

per Troy Ounce

Unit basis: CAD per Metric Ton ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of platinum per Metric Ton of canola. Prices as of Mon, 24 Aug 2026 10:26:46 GMT.

These two commodities are quoted in different currencies (CAD and USD). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

0.3843

median 0.3836

1Y low

0.2216

Jan 26, 2026

1Y high

0.5349

Jul 24, 2026

Normal band

0.3183–0.4503

mean ± 1 std dev

Deviation from mean

+0.53σ

312 observations

Canola to Platinum ratio charts

Pick a range once — it applies to the CANOLA/PL ratio line, the OHLC candles and the Canola / Platinum price chart below.

CANOLA/PL ratio line

How many T.oz of Platinum one T of Canola buys, over 1Y.

CANOLA/PL ratio candles

Open, high, low and close of the CANOLA/PL ratio for each period in the last 1Y.

Canola 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 canola to platinum ratio

Canola to Platinum ratio = Canola 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 canola — rather than a plain count.

Worked example, live prices: $789.90 ÷ $1,884.92 = 0.4191. The inverse is 2.386.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the canola to platinum ratio today?

The canola to platinum ratio is 0.4191 — Canola at $789.90 per Metric Ton divided by Platinum at $1,884.92 per Troy Ounce, from live mid-market prices.

How do you calculate the canola to platinum ratio?

Divide the canola 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 canola.

What is the inverse of the canola to platinum ratio?

The inverse, platinum to canola, is 2.386 — how many Metric Tons of canola one Troy Ounce of platinum buys.

Canola to Platinum Ratio — 0.4191 Today | CommodityPriceAPI