Commodity ratio · live
Magnesium to Butter Ratio
The magnesium to butter ratio is 3.885 — Magnesium at $16,900.00 per Metric Ton divided by Butter at $4,350.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to Butter ratio
1.000 T of magnesium = 3.885 T of butter
Inverse (BUTTER/MG): 0.2574 — one Metric Ton of butter buys that much magnesium.
Close to the middle of its 1 year range. (39th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Butter
€4,350.00
per Metric Ton
Unit basis: CNY per Metric Ton ÷ EUR per Metric Ton. The ratio reads as Metric Tons of butter per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 10:27:01 GMT.
These two commodities are quoted in different currencies (CNY and EUR). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
3.894
median 4.053
1Y low
2.625
Aug 24, 2025
1Y high
4.549
May 4, 2026
Normal band
3.401–4.388
mean ± 1 std dev
Deviation from mean
-0.02σ
358 observations
Magnesium to Butter ratio charts
Pick a range once — it applies to the MG/BUTTER ratio line, the OHLC candles and the Magnesium / Butter price chart below.
MG/BUTTER ratio line
How many T of Butter one T of Magnesium buys, over 1Y.
MG/BUTTER ratio candles
Open, high, low and close of the MG/BUTTER ratio for each period in the last 1Y.
Magnesium and Butter 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 butter ratio
Magnesium to Butter ratio = Magnesium price per Metric Ton ÷ Butter price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of butter per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $4,350.00 = 3.885. The inverse is 0.2574.
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 magnesium to butter ratio today?
The magnesium to butter ratio is 3.885 — Magnesium at $16,900.00 per Metric Ton divided by Butter at $4,350.00 per Metric Ton, from live mid-market prices.
How do you calculate the magnesium to butter ratio?
Divide the magnesium price per Metric Ton by the butter 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 butter per Metric Ton of magnesium.
What is the inverse of the magnesium to butter ratio?
The inverse, butter to magnesium, is 0.2574 — how many Metric Tons of magnesium one Metric Ton of butter buys.