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Coal to Bitumen Ratio

The coal to bitumen ratio is 0.02894 Coal at $131.50 per Metric Ton divided by Bitumen at $4,544.00 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.

Metric Ton

Coal to Bitumen ratio

0.02894-8.32% / 1Y

1.000 T of coal = 0.02894 T of bitumen

Inverse (BIT/COAL): 34.56 — one Metric Ton of bitumen buys that much coal.

Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)

Coal

$131.50

per Metric Ton

Bitumen

¥4,544.00

per Metric Ton

Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of bitumen per Metric Ton of coal. Prices as of Mon, 24 Aug 2026 10:23:21 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

0.03313

median 0.03289

1Y low

0.02862

Aug 20, 2026

1Y high

0.04063

Mar 8, 2026

Normal band

0.03086–0.03540

mean ± 1 std dev

Deviation from mean

-1.84σ

312 observations

Coal to Bitumen ratio charts

Pick a range once — it applies to the COAL/BIT ratio line, the OHLC candles and the Coal / Bitumen price chart below.

COAL/BIT ratio line

How many T of Bitumen one T of Coal buys, over 1Y.

COAL/BIT ratio candles

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

Coal 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 coal to bitumen ratio

Coal to Bitumen ratio = Coal 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 coal — rather than a plain count.

Worked example, live prices: $131.50 ÷ $4,544.00 = 0.02894. The inverse is 34.56.

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 coal to bitumen ratio today?

The coal to bitumen ratio is 0.02894 — Coal at $131.50 per Metric Ton divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.

How do you calculate the coal to bitumen ratio?

Divide the coal 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 coal.

What is the inverse of the coal to bitumen ratio?

The inverse, bitumen to coal, is 34.56 — how many Metric Tons of coal one Metric Ton of bitumen buys.

Coal to Bitumen Ratio — 0.02894 Today | CommodityPriceAPI