Commodity ratio · live
Magnesium to US Diesel Ratio
The magnesium to us diesel ratio is 3101 — Magnesium at $16,900.00 per Metric Ton divided by US Diesel at $5.45 per Gallon.
Prices as of Aug 24, 2026, 11:26 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to US Diesel ratio
1.000 T of magnesium = 3,100.9 gal of us diesel
Inverse (DIESEL-US/MG): 0.0003225 — one Gallon of us diesel buys that much magnesium.
Near the bottom of its 1 year range — historically compressed. (10th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
US Diesel
$5.45
per Gallon
Unit basis: CNY per Metric Ton ÷ USD per Gallon. The ratio reads as Gallons of us diesel per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 11:26:56 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
3361
median 3307
1Y low
3083
Aug 17, 2026
1Y high
3668
Jul 6, 2026
Normal band
3170–3553
mean ± 1 std dev
Deviation from mean
-1.36σ
10 observations
Magnesium to US Diesel ratio charts
Pick a range once — it applies to the MG/DIESEL-US ratio line, the OHLC candles and the Magnesium / US Diesel price chart below.
MG/DIESEL-US ratio line
How many gal of US Diesel one T of Magnesium buys, over 1Y.
MG/DIESEL-US ratio candles
Open, high, low and close of the MG/DIESEL-US ratio for each period in the last 1Y.
Magnesium and US Diesel 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 us diesel ratio
Magnesium to US Diesel ratio = Magnesium price per Metric Ton ÷ US Diesel price per Gallon
The two legs use different units, so the result is a rate — Gallons of us diesel per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $5.45 = 3101. The inverse is 0.0003225.
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 us diesel ratio today?
The magnesium to us diesel ratio is 3101 — Magnesium at $16,900.00 per Metric Ton divided by US Diesel at $5.45 per Gallon, from live mid-market prices.
How do you calculate the magnesium to us diesel ratio?
Divide the magnesium price per Metric Ton by the us diesel price per Gallon. If the two units differ, the result is a rate rather than a plain count — read it as Gallons of us diesel per Metric Ton of magnesium.
What is the inverse of the magnesium to us diesel ratio?
The inverse, us diesel to magnesium, is 0.0003225 — how many Metric Tons of magnesium one Gallon of us diesel buys.