Commodity ratio · live
Magnesium to Coal Ratio
The magnesium to coal ratio is 128.5 — Magnesium at $16,900.00 per Metric Ton divided by Coal at $131.50 per Metric Ton.
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 Coal ratio
1.000 T of magnesium = 128.517 T of coal
Inverse (COAL/MG): 0.007781 — one Metric Ton of coal buys that much magnesium.
Below its 1 year average. (15th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Coal
$131.50
per Metric Ton
Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of coal per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 12:11:14 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
144.9
median 149.4
1Y low
114.0
Jun 11, 2026
1Y high
178.3
Sep 7, 2025
Normal band
128.3–161.5
mean ± 1 std dev
Deviation from mean
-0.99σ
358 observations
Magnesium to Coal ratio charts
Pick a range once — it applies to the MG/COAL ratio line, the OHLC candles and the Magnesium / Coal price chart below.
MG/COAL ratio line
How many T of Coal one T of Magnesium buys, over 1Y.
MG/COAL ratio candles
Open, high, low and close of the MG/COAL ratio for each period in the last 1Y.
Magnesium and Coal 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 coal ratio
Magnesium to Coal ratio = Magnesium price per Metric Ton ÷ Coal price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of coal per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $131.50 = 128.5. The inverse is 0.007781.
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 coal ratio today?
The magnesium to coal ratio is 128.5 — Magnesium at $16,900.00 per Metric Ton divided by Coal at $131.50 per Metric Ton, from live mid-market prices.
How do you calculate the magnesium to coal ratio?
Divide the magnesium price per Metric Ton by the coal 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 coal per Metric Ton of magnesium.
What is the inverse of the magnesium to coal ratio?
The inverse, coal to magnesium, is 0.007781 — how many Metric Tons of magnesium one Metric Ton of coal buys.