Commodity ratio · live
Lithium to Magnesium Ratio
The lithium to magnesium ratio is 9.497 — Lithium at $160,500.00 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lithium to Magnesium ratio
1.000 T of lithium = 9.497 T of magnesium
Inverse (MG/LC): 0.1053 — one Metric Ton of magnesium buys that much lithium.
Above its 1 year average. (80th percentile of the last 1 year)
Lithium
¥160,500.00
per Metric Ton
Magnesium
¥16,900.00
per Metric Ton
Unit basis: CNY per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Metric Ton of lithium. Prices as of Mon, 24 Aug 2026 10:35:28 GMT.
1Y average
7.600
median 8.568
1Y low
3.972
Sep 12, 2025
1Y high
11.73
May 12, 2026
Normal band
5.388–9.812
mean ± 1 std dev
Deviation from mean
+0.86σ
357 observations
Lithium to Magnesium ratio charts
Pick a range once — it applies to the LC/MG ratio line, the OHLC candles and the Lithium / Magnesium price chart below.
LC/MG ratio line
How many T of Magnesium one T of Lithium buys, over 1Y.
LC/MG ratio candles
Open, high, low and close of the LC/MG ratio for each period in the last 1Y.
Lithium 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 lithium to magnesium ratio
Lithium to Magnesium ratio = Lithium price per Metric Ton ÷ Magnesium price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $160,500.00 ÷ $16,900.00 = 9.497. The inverse is 0.1053.
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 lithium to magnesium ratio today?
The lithium to magnesium ratio is 9.497 — Lithium at $160,500.00 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the lithium to magnesium ratio?
Divide the lithium 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 lithium.
What is the inverse of the lithium to magnesium ratio?
The inverse, magnesium to lithium, is 0.1053 — how many Metric Tons of lithium one Metric Ton of magnesium buys.