Commodity ratio · live
Fish Meal to Magnesium Ratio
The fish meal to magnesium ratio is 0.1210 — Fish Meal at $2,044.75 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:16 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Fish Meal to Magnesium ratio
1.000 T of fish meal = 0.1210 T of magnesium
Inverse (MG/FM): 8.265 — one Metric Ton of magnesium buys that much fish meal.
Fish Meal
$2,044.75
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 fish meal. Prices as of Mon, 24 Aug 2026 11:16:26 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.
Fish Meal to Magnesium ratio charts
Pick a range once — it applies to the FM/MG ratio line, the OHLC candles and the Fish Meal / Magnesium price chart below.
FM/MG ratio line
How many T of Magnesium one T of Fish Meal buys, over 1Y.
No overlapping history for FM/MG over 1Y. Try a longer range.
FM/MG ratio candles
Open, high, low and close of the FM/MG ratio for each period in the last 1Y.
No overlapping history for FM/MG over 1Y. Try a longer range.
Fish Meal 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 fish meal to magnesium ratio
Fish Meal to Magnesium ratio = Fish Meal 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 fish meal — rather than a plain count.
Worked example, live prices: $2,044.75 ÷ $16,900.00 = 0.1210. The inverse is 8.265.
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 fish meal to magnesium ratio today?
The fish meal to magnesium ratio is 0.1210 — Fish Meal at $2,044.75 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the fish meal to magnesium ratio?
Divide the fish meal 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 fish meal.
What is the inverse of the fish meal to magnesium ratio?
The inverse, magnesium to fish meal, is 8.265 — how many Metric Tons of fish meal one Metric Ton of magnesium buys.