Commodity ratio · live
Magnesium to Cotton Ratio
The magnesium to cotton ratio is 18989 — Magnesium at $16,900.00 per Metric Ton divided by Cotton at $0.8900 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 Cotton ratio
1.000 T of magnesium = 18,988.8 Lb of cotton
Inverse (CT/MG): 0.00005266 — one Pound of cotton buys that much magnesium.
Near the bottom of its 1 year range — historically compressed. (1th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Cotton
$0.8900
per Pound
Unit basis: CNY per Metric Ton ÷ USD per Pound. The ratio reads as Pounds of cotton per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 10:23:33 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
24586
median 25938
1Y low
18667
Aug 20, 2026
1Y high
28226
Feb 6, 2026
Normal band
22032–27141
mean ± 1 std dev
Deviation from mean
-2.19σ
247 observations
Magnesium to Cotton ratio charts
Pick a range once — it applies to the MG/CT ratio line, the OHLC candles and the Magnesium / Cotton price chart below.
MG/CT ratio line
How many Lb of Cotton one T of Magnesium buys, over 1Y.
MG/CT ratio candles
Open, high, low and close of the MG/CT ratio for each period in the last 1Y.
Magnesium and Cotton 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 cotton ratio
Magnesium to Cotton ratio = Magnesium price per Metric Ton ÷ Cotton price per Pound
The two legs use different units, so the result is a rate — Pounds of cotton per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $0.8900 = 18989. The inverse is 0.00005266.
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 cotton ratio today?
The magnesium to cotton ratio is 18989 — Magnesium at $16,900.00 per Metric Ton divided by Cotton at $0.8900 per Pound, from live mid-market prices.
How do you calculate the magnesium to cotton ratio?
Divide the magnesium price per Metric Ton by the cotton price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of cotton per Metric Ton of magnesium.
What is the inverse of the magnesium to cotton ratio?
The inverse, cotton to magnesium, is 0.00005266 — how many Metric Tons of magnesium one Pound of cotton buys.