Commodity ratio · live
US Diesel to Magnesium Ratio
The us diesel to magnesium ratio is 0.0003225 — US Diesel at $5.45 per Gallon divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:26 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
US Diesel to Magnesium ratio
1.000 gal of us diesel = 0.0003225 T of magnesium
Inverse (MG/DIESEL-US): 3101 — one Metric Ton of magnesium buys that much us diesel.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
US Diesel
$5.45
per Gallon
Magnesium
¥16,900.00
per Metric Ton
Unit basis: USD per Gallon ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Gallon of us diesel. Prices as of Mon, 24 Aug 2026 11:26:55 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
0.0002984
median 0.0003024
1Y low
0.0002726
Jul 6, 2026
1Y high
0.0003244
Aug 17, 2026
Normal band
0.0002816–0.0003153
mean ± 1 std dev
Deviation from mean
+1.43σ
10 observations
US Diesel to Magnesium ratio charts
Pick a range once — it applies to the DIESEL-US/MG ratio line, the OHLC candles and the US Diesel / Magnesium price chart below.
DIESEL-US/MG ratio line
How many T of Magnesium one gal of US Diesel buys, over 1Y.
DIESEL-US/MG ratio candles
Open, high, low and close of the DIESEL-US/MG ratio for each period in the last 1Y.
US Diesel 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 us diesel to magnesium ratio
US Diesel to Magnesium ratio = US Diesel price per Gallon ÷ Magnesium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of magnesium per Gallon of us diesel — rather than a plain count.
Worked example, live prices: $5.45 ÷ $16,900.00 = 0.0003225. The inverse is 3101.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the us diesel to magnesium ratio today?
The us diesel to magnesium ratio is 0.0003225 — US Diesel at $5.45 per Gallon divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the us diesel to magnesium ratio?
Divide the us diesel price per Gallon 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 Gallon of us diesel.
What is the inverse of the us diesel to magnesium ratio?
The inverse, magnesium to us diesel, is 3101 — how many Gallons of us diesel one Metric Ton of magnesium buys.