Commodity ratio · live
Cheese to Magnesium Ratio
The cheese to magnesium ratio is 0.00009527 — Cheese at $1.61 per Pound divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:23 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cheese to Magnesium ratio
1.000 Lb of cheese = 0.00009527 T of magnesium
Inverse (MG/CHE): 10497 — one Metric Ton of magnesium buys that much cheese.
Close to the middle of its 1 year range. (55th percentile of the last 1 year)
Cheese
$1.61
per Pound
Magnesium
¥16,900.00
per Metric Ton
Unit basis: USD per Pound ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Pound of cheese. Prices as of Mon, 24 Aug 2026 10:23:50 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
0.00009432
median 0.00009435
1Y low
0.00007855
Jan 11, 2026
1Y high
0.0001055
Jul 19, 2026
Normal band
0.00008822–0.0001004
mean ± 1 std dev
Deviation from mean
+0.15σ
352 observations
Cheese to Magnesium ratio charts
Pick a range once — it applies to the CHE/MG ratio line, the OHLC candles and the Cheese / Magnesium price chart below.
CHE/MG ratio line
How many T of Magnesium one Lb of Cheese buys, over 1Y.
CHE/MG ratio candles
Open, high, low and close of the CHE/MG ratio for each period in the last 1Y.
Cheese 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 cheese to magnesium ratio
Cheese to Magnesium ratio = Cheese price per Pound ÷ Magnesium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of magnesium per Pound of cheese — rather than a plain count.
Worked example, live prices: $1.61 ÷ $16,900.00 = 0.00009527. The inverse is 10497.
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 cheese to magnesium ratio today?
The cheese to magnesium ratio is 0.00009527 — Cheese at $1.61 per Pound divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the cheese to magnesium ratio?
Divide the cheese price per Pound 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 Pound of cheese.
What is the inverse of the cheese to magnesium ratio?
The inverse, magnesium to cheese, is 10497 — how many Pounds of cheese one Metric Ton of magnesium buys.