Commodity ratio · live
Cotton to Magnesium Ratio
The cotton to magnesium ratio is 0.00005176 — Cotton at $0.8800 per Pound divided by Magnesium at $17,000.00 per Metric Ton.
Prices as of Sep 13, 2026, 12:17 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cotton to Magnesium ratio
1.000 Lb of cotton = 0.00005176 T of magnesium
Inverse (MG/CT): 19318 — one Metric Ton of magnesium buys that much cotton.
Near the top of its 1 year range — historically stretched. (95th percentile of the last 1 year)
Cotton
$0.8800
per Pound
Magnesium
¥17,000.00
per Metric Ton
Unit basis: USD per Pound ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Pound of cotton. Prices as of Sun, 13 Sep 2026 12:17:13 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
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
0.00004203
median 0.00003904
1Y low
0.00003543
Feb 6, 2026
1Y high
0.00005655
Aug 31, 2026
Normal band
0.00003677–0.00004729
mean ± 1 std dev
Deviation from mean
+1.85σ
247 observations
Cotton to Magnesium ratio charts
Pick a range once — it applies to the CT/MG ratio line, the OHLC candles and the Cotton / Magnesium price chart below.
CT/MG ratio line
How many T of Magnesium one Lb of Cotton buys, over 1Y.
CT/MG ratio candles
Open, high, low and close of the CT/MG ratio for each period in the last 1Y.
Cotton 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 cotton to magnesium ratio
Cotton to Magnesium ratio = Cotton 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 cotton — rather than a plain count.
Worked example, live prices: $0.8800 ÷ ¥17,000.00 = 0.00005176. The inverse is 19318.
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 | 4349.29 |
| 2 | XAG | Silver | 64.53 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 100.05 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 104.61 |
| 5 | NG-FUT | Natural Gas Futures | 2.83 |
| 6 | PL | Platinum | 1805.98 |
| 7 | PA | Palladium | 1309.60 |
Frequently asked questions
What is the cotton to magnesium ratio today?
The cotton to magnesium ratio is 0.00005176 — Cotton at $0.8800 per Pound divided by Magnesium at ¥17,000.00 per Metric Ton, from live mid-market prices.
How do you calculate the cotton to magnesium ratio?
Divide the cotton 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 cotton.
What is the inverse of the cotton to magnesium ratio?
The inverse, magnesium to cotton, is 19318 — how many Pounds of cotton one Metric Ton of magnesium buys.