Commodity ratio · live
Coal to Magnesium Ratio
The coal to magnesium ratio is 0.007781 — Coal at $131.50 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 12:11 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Coal to Magnesium ratio
1.000 T of coal = 0.007781 T of magnesium
Inverse (MG/COAL): 128.5 — one Metric Ton of magnesium buys that much coal.
Above its 1 year average. (86th percentile of the last 1 year)
Coal
$131.50
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 coal. Prices as of Mon, 24 Aug 2026 12:11:15 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
0.006993
median 0.006695
1Y low
0.005610
Sep 7, 2025
1Y high
0.008772
Jun 11, 2026
Normal band
0.006186–0.007800
mean ± 1 std dev
Deviation from mean
+0.98σ
358 observations
Coal to Magnesium ratio charts
Pick a range once — it applies to the COAL/MG ratio line, the OHLC candles and the Coal / Magnesium price chart below.
COAL/MG ratio line
How many T of Magnesium one T of Coal buys, over 1Y.
COAL/MG ratio candles
Open, high, low and close of the COAL/MG ratio for each period in the last 1Y.
Coal 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 coal to magnesium ratio
Coal to Magnesium ratio = Coal 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 coal — rather than a plain count.
Worked example, live prices: $131.50 ÷ $16,900.00 = 0.007781. The inverse is 128.5.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the coal to magnesium ratio today?
The coal to magnesium ratio is 0.007781 — Coal at $131.50 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the coal to magnesium ratio?
Divide the coal 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 coal.
What is the inverse of the coal to magnesium ratio?
The inverse, magnesium to coal, is 128.5 — how many Metric Tons of coal one Metric Ton of magnesium buys.