Commodity ratio · live
Magnesium to Boxed Beef Cutout, Select Ratio
The magnesium to boxed beef cutout, select ratio is 46.14 — Magnesium at $16,900.00 per Metric Ton divided by Boxed Beef Cutout, Select at $366.29 per Hundredweight.
Prices as of Aug 24, 2026, 12:11 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to Boxed Beef Cutout, Select ratio
1.000 T of magnesium = 46.138 cwt of boxed beef cutout, select
Inverse (BEEF-SELECT/MG): 0.02167 — one Hundredweight of boxed beef cutout, select buys that much magnesium.
Near the bottom of its 1 year range — historically compressed. (8th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Boxed Beef Cutout, Select
$366.29
per Hundredweight
Unit basis: CNY per Metric Ton ÷ USD per Hundredweight. The ratio reads as Hundredweights of boxed beef cutout, select per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 12:11:06 GMT.
These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
47.56
median 48.12
1Y low
45.87
Aug 18, 2026
1Y high
48.84
Aug 5, 2026
Normal band
46.65–48.47
mean ± 1 std dev
Deviation from mean
-1.57σ
13 observations
Magnesium to Boxed Beef Cutout, Select ratio charts
Pick a range once — it applies to the MG/BEEF-SELECT ratio line, the OHLC candles and the Magnesium / Boxed Beef Cutout, Select price chart below.
MG/BEEF-SELECT ratio line
How many cwt of Boxed Beef Cutout, Select one T of Magnesium buys, over 1Y.
MG/BEEF-SELECT ratio candles
Open, high, low and close of the MG/BEEF-SELECT ratio for each period in the last 1Y.
Magnesium and Boxed Beef Cutout, Select prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the magnesium to boxed beef cutout, select ratio
Magnesium to Boxed Beef Cutout, Select ratio = Magnesium price per Metric Ton ÷ Boxed Beef Cutout, Select price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of boxed beef cutout, select per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $366.29 = 46.14. The inverse is 0.02167.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the magnesium to boxed beef cutout, select ratio today?
The magnesium to boxed beef cutout, select ratio is 46.14 — Magnesium at $16,900.00 per Metric Ton divided by Boxed Beef Cutout, Select at $366.29 per Hundredweight, from live mid-market prices.
How do you calculate the magnesium to boxed beef cutout, select ratio?
Divide the magnesium price per Metric Ton by the boxed beef cutout, select price per Hundredweight. If the two units differ, the result is a rate rather than a plain count — read it as Hundredweights of boxed beef cutout, select per Metric Ton of magnesium.
What is the inverse of the magnesium to boxed beef cutout, select ratio?
The inverse, boxed beef cutout, select to magnesium, is 0.02167 — how many Metric Tons of magnesium one Hundredweight of boxed beef cutout, select buys.