Commodity ratio · live
Magnesium to Cheese Ratio
The magnesium to cheese ratio is 10497 — Magnesium at $16,900.00 per Metric Ton divided by Cheese at $1.61 per Pound.
Prices as of Aug 24, 2026, 10:23 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to Cheese ratio
1.000 T of magnesium = 10,496.9 Lb of cheese
Inverse (CHE/MG): 0.00009527 — one Pound of cheese buys that much magnesium.
Close to the middle of its 1 year range. (45th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Cheese
$1.61
per Pound
Unit basis: CNY per Metric Ton ÷ USD per Pound. The ratio reads as Pounds of cheese per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 10:23:53 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
10649
median 10599
1Y low
9483
Jul 19, 2026
1Y high
12730
Jan 11, 2026
Normal band
9923–11374
mean ± 1 std dev
Deviation from mean
-0.21σ
352 observations
Magnesium to Cheese ratio charts
Pick a range once — it applies to the MG/CHE ratio line, the OHLC candles and the Magnesium / Cheese price chart below.
MG/CHE ratio line
How many Lb of Cheese one T of Magnesium buys, over 1Y.
MG/CHE ratio candles
Open, high, low and close of the MG/CHE ratio for each period in the last 1Y.
Magnesium and Cheese 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 cheese ratio
Magnesium to Cheese ratio = Magnesium price per Metric Ton ÷ Cheese price per Pound
The two legs use different units, so the result is a rate — Pounds of cheese per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $1.61 = 10497. The inverse is 0.00009527.
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 cheese ratio today?
The magnesium to cheese ratio is 10497 — Magnesium at $16,900.00 per Metric Ton divided by Cheese at $1.61 per Pound, from live mid-market prices.
How do you calculate the magnesium to cheese ratio?
Divide the magnesium price per Metric Ton by the cheese price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of cheese per Metric Ton of magnesium.
What is the inverse of the magnesium to cheese ratio?
The inverse, cheese to magnesium, is 0.00009527 — how many Metric Tons of magnesium one Pound of cheese buys.