Commodity ratio · live
Cocoa to Magnesium Ratio
The cocoa to magnesium ratio is 0.3496 — Cocoa at $5,908.68 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:24 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cocoa to Magnesium ratio
1.000 T of cocoa = 0.3496 T of magnesium
Inverse (MG/CC): 2.860 — one Metric Ton of magnesium buys that much cocoa.
Above its 1 year average. (72th percentile of the last 1 year)
Cocoa
$5,908.68
per Metric Ton
Magnesium
¥16,900.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Metric Ton of cocoa. Prices as of Mon, 24 Aug 2026 10:24:01 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.2883
median 0.3028
1Y low
0.00005291
Nov 25, 2025
1Y high
0.4398
Aug 24, 2025
Normal band
0.2108–0.3658
mean ± 1 std dev
Deviation from mean
+0.79σ
353 observations
Cocoa to Magnesium ratio charts
Pick a range once — it applies to the CC/MG ratio line, the OHLC candles and the Cocoa / Magnesium price chart below.
CC/MG ratio line
How many T of Magnesium one T of Cocoa buys, over 1Y.
CC/MG ratio candles
Open, high, low and close of the CC/MG ratio for each period in the last 1Y.
Cocoa 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 cocoa to magnesium ratio
Cocoa to Magnesium ratio = Cocoa 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 cocoa — rather than a plain count.
Worked example, live prices: $5,908.68 ÷ $16,900.00 = 0.3496. The inverse is 2.860.
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 cocoa to magnesium ratio today?
The cocoa to magnesium ratio is 0.3496 — Cocoa at $5,908.68 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the cocoa to magnesium ratio?
Divide the cocoa 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 cocoa.
What is the inverse of the cocoa to magnesium ratio?
The inverse, magnesium to cocoa, is 2.860 — how many Metric Tons of cocoa one Metric Ton of magnesium buys.