Commodity ratio · live
US Industrial Electricity to Magnesium Ratio
The us industrial electricity to magnesium ratio is 0.0005154 — US Industrial Electricity at $8.71 per Kilowatt Hour divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
US Industrial Electricity to Magnesium ratio
1.000 kWh of us industrial electricity = 0.0005154 T of magnesium
Inverse (MG/ELEC-IND-US): 1940 — one Metric Ton of magnesium buys that much us industrial electricity.
Above its 1 year average. (83th percentile of the last 1 year)
US Industrial Electricity
$8.71
per Kilowatt Hour
Magnesium
¥16,900.00
per Metric Ton
Unit basis: USD per Kilowatt Hour ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Kilowatt Hour of us industrial electricity. Prices as of Mon, 24 Aug 2026 10:32:39 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
0.0005024
median 0.0004969
1Y low
0.0004681
Apr 1, 2026
1Y high
0.0005613
Jan 1, 2026
Normal band
0.0004749–0.0005299
mean ± 1 std dev
Deviation from mean
+0.47σ
6 observations
US Industrial Electricity to Magnesium ratio charts
Pick a range once — it applies to the ELEC-IND-US/MG ratio line, the OHLC candles and the US Industrial Electricity / Magnesium price chart below.
ELEC-IND-US/MG ratio line
How many T of Magnesium one kWh of US Industrial Electricity buys, over 1Y.
ELEC-IND-US/MG ratio candles
Open, high, low and close of the ELEC-IND-US/MG ratio for each period in the last 1Y.
US Industrial Electricity 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 industrial electricity to magnesium ratio
US Industrial Electricity to Magnesium ratio = US Industrial Electricity price per Kilowatt Hour ÷ Magnesium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of magnesium per Kilowatt Hour of us industrial electricity — rather than a plain count.
Worked example, live prices: $8.71 ÷ $16,900.00 = 0.0005154. The inverse is 1940.
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 us industrial electricity to magnesium ratio today?
The us industrial electricity to magnesium ratio is 0.0005154 — US Industrial Electricity at $8.71 per Kilowatt Hour divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the us industrial electricity to magnesium ratio?
Divide the us industrial electricity price per Kilowatt Hour 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 Kilowatt Hour of us industrial electricity.
What is the inverse of the us industrial electricity to magnesium ratio?
The inverse, magnesium to us industrial electricity, is 1940 — how many Kilowatt Hours of us industrial electricity one Metric Ton of magnesium buys.