Commodity ratio · live
Ethanol to Magnesium Ratio
The ethanol to magnesium ratio is 0.0001254 — Ethanol at $2.12 per Gallon divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 12:10 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Ethanol to Magnesium ratio
1.000 Gal of ethanol = 0.0001254 T of magnesium
Inverse (MG/ETHANOL): 7972 — one Metric Ton of magnesium buys that much ethanol.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
Ethanol
$2.12
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 ethanol. Prices as of Mon, 24 Aug 2026 12:10:07 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
0.0001052
median 0.0001063
1Y low
0.00008571
Jan 14, 2026
1Y high
0.0001262
Aug 21, 2026
Normal band
0.00009675–0.0001137
mean ± 1 std dev
Deviation from mean
+2.38σ
358 observations
Ethanol to Magnesium ratio charts
Pick a range once — it applies to the ETHANOL/MG ratio line, the OHLC candles and the Ethanol / Magnesium price chart below.
ETHANOL/MG ratio line
How many T of Magnesium one Gal of Ethanol buys, over 1Y.
ETHANOL/MG ratio candles
Open, high, low and close of the ETHANOL/MG ratio for each period in the last 1Y.
Ethanol 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 ethanol to magnesium ratio
Ethanol to Magnesium ratio = Ethanol 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 ethanol — rather than a plain count.
Worked example, live prices: $2.12 ÷ $16,900.00 = 0.0001254. The inverse is 7972.
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 ethanol to magnesium ratio today?
The ethanol to magnesium ratio is 0.0001254 — Ethanol at $2.12 per Gallon divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the ethanol to magnesium ratio?
Divide the ethanol 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 ethanol.
What is the inverse of the ethanol to magnesium ratio?
The inverse, magnesium to ethanol, is 7972 — how many Gallons of ethanol one Metric Ton of magnesium buys.