Commodity ratio · live
Magnesium to US Industrial Electricity Ratio
The magnesium to us industrial electricity ratio is 1940 — Magnesium at $16,900.00 per Metric Ton divided by US Industrial Electricity at $8.71 per Kilowatt Hour.
Prices as of Aug 24, 2026, 10:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to US Industrial Electricity ratio
1.000 T of magnesium = 1,940.3 kWh of us industrial electricity
Inverse (ELEC-IND-US/MG): 0.0005154 — one Kilowatt Hour of us industrial electricity buys that much magnesium.
Below its 1 year average. (17th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
US Industrial Electricity
$8.71
per Kilowatt Hour
Unit basis: CNY per Metric Ton ÷ USD per Kilowatt Hour. The ratio reads as Kilowatt Hours of us industrial electricity per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 10:32:39 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
1996
median 2013
1Y low
1781
Jan 1, 2026
1Y high
2136
Apr 1, 2026
Normal band
1893–2100
mean ± 1 std dev
Deviation from mean
-0.54σ
6 observations
Magnesium to US Industrial Electricity ratio charts
Pick a range once — it applies to the MG/ELEC-IND-US ratio line, the OHLC candles and the Magnesium / US Industrial Electricity price chart below.
MG/ELEC-IND-US ratio line
How many kWh of US Industrial Electricity one T of Magnesium buys, over 1Y.
MG/ELEC-IND-US ratio candles
Open, high, low and close of the MG/ELEC-IND-US ratio for each period in the last 1Y.
Magnesium and US Industrial Electricity 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 industrial electricity ratio
Magnesium to US Industrial Electricity ratio = Magnesium price per Metric Ton ÷ US Industrial Electricity price per Kilowatt Hour
The two legs use different units, so the result is a rate — Kilowatt Hours of us industrial electricity per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $8.71 = 1940. The inverse is 0.0005154.
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 us industrial electricity ratio today?
The magnesium to us industrial electricity ratio is 1940 — Magnesium at $16,900.00 per Metric Ton divided by US Industrial Electricity at $8.71 per Kilowatt Hour, from live mid-market prices.
How do you calculate the magnesium to us industrial electricity ratio?
Divide the magnesium price per Metric Ton by the us industrial electricity price per Kilowatt Hour. If the two units differ, the result is a rate rather than a plain count — read it as Kilowatt Hours of us industrial electricity per Metric Ton of magnesium.
What is the inverse of the magnesium to us industrial electricity ratio?
The inverse, us industrial electricity to magnesium, is 0.0005154 — how many Metric Tons of magnesium one Kilowatt Hour of us industrial electricity buys.