Commodity ratio · live
Indium to Magnesium Ratio
The indium to magnesium ratio is 0.3166 — Indium at $5,350.00 per Kilogram divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Indium to Magnesium ratio
1.000 Kg of indium = 0.3166 T of magnesium
Inverse (MG/INDIUM): 3.159 — one Metric Ton of magnesium buys that much indium.
Above its 1 year average. (87th percentile of the last 1 year)
Indium
$5,350.00
per Kilogram
Magnesium
¥16,900.00
per Metric Ton
Unit basis: USD per Kilogram ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Kilogram of indium. Prices as of Mon, 24 Aug 2026 10:25:13 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
0.2242
median 0.2358
1Y low
0.1377
Aug 28, 2025
1Y high
0.3515
Jul 19, 2026
Normal band
0.1568–0.2916
mean ± 1 std dev
Deviation from mean
+1.37σ
358 observations
Indium to Magnesium ratio charts
Pick a range once — it applies to the INDIUM/MG ratio line, the OHLC candles and the Indium / Magnesium price chart below.
INDIUM/MG ratio line
How many T of Magnesium one Kg of Indium buys, over 1Y.
INDIUM/MG ratio candles
Open, high, low and close of the INDIUM/MG ratio for each period in the last 1Y.
Indium 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 indium to magnesium ratio
Indium to Magnesium ratio = Indium price per Kilogram ÷ Magnesium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of magnesium per Kilogram of indium — rather than a plain count.
Worked example, live prices: $5,350.00 ÷ $16,900.00 = 0.3166. The inverse is 3.159.
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 indium to magnesium ratio today?
The indium to magnesium ratio is 0.3166 — Indium at $5,350.00 per Kilogram divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the indium to magnesium ratio?
Divide the indium price per Kilogram 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 Kilogram of indium.
What is the inverse of the indium to magnesium ratio?
The inverse, magnesium to indium, is 3.159 — how many Kilograms of indium one Metric Ton of magnesium buys.