Commodity ratio · live
Magnesium to Beef Ratio
The magnesium to beef ratio is 43.21 — Magnesium at $16,900.00 per Metric Ton divided by Beef at $391.15 per Kilogram.
Prices as of Aug 24, 2026, 11:15 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to Beef ratio
1.000 T of magnesium = 43.206 kg of beef
Inverse (BEEF/MG): 0.02314 — one Kilogram of beef buys that much magnesium.
Below its 1 year average. (15th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Beef
$391.15
per Kilogram
Unit basis: CNY per Metric Ton ÷ USD per Kilogram. The ratio reads as Kilograms of beef per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 11:15:48 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
44.83
median 45.03
1Y low
42.53
Aug 19, 2026
1Y high
46.72
Aug 6, 2026
Normal band
43.67–46.00
mean ± 1 std dev
Deviation from mean
-1.40σ
13 observations
Magnesium to Beef ratio charts
Pick a range once — it applies to the MG/BEEF ratio line, the OHLC candles and the Magnesium / Beef price chart below.
MG/BEEF ratio line
How many kg of Beef one T of Magnesium buys, over 1Y.
MG/BEEF ratio candles
Open, high, low and close of the MG/BEEF ratio for each period in the last 1Y.
Magnesium and Beef 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 beef ratio
Magnesium to Beef ratio = Magnesium price per Metric Ton ÷ Beef price per Kilogram
The two legs use different units, so the result is a rate — Kilograms of beef per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $391.15 = 43.21. The inverse is 0.02314.
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 magnesium to beef ratio today?
The magnesium to beef ratio is 43.21 — Magnesium at $16,900.00 per Metric Ton divided by Beef at $391.15 per Kilogram, from live mid-market prices.
How do you calculate the magnesium to beef ratio?
Divide the magnesium price per Metric Ton by the beef price per Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as Kilograms of beef per Metric Ton of magnesium.
What is the inverse of the magnesium to beef ratio?
The inverse, beef to magnesium, is 0.02314 — how many Metric Tons of magnesium one Kilogram of beef buys.