Commodity ratio · live
Magnesium to Ethanol Ratio
The magnesium to ethanol ratio is 7972 — Magnesium at $16,900.00 per Metric Ton divided by Ethanol at $2.12 per Gallon.
Prices as of Aug 24, 2026, 12:10 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to Ethanol ratio
1.000 T of magnesium = 7,971.7 Gal of ethanol
Inverse (ETHANOL/MG): 0.0001254 — one Gallon of ethanol buys that much magnesium.
Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Ethanol
$2.12
per Gallon
Unit basis: CNY per Metric Ton ÷ USD per Gallon. The ratio reads as Gallons of ethanol per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 12:10:06 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
9566
median 9407
1Y low
7925
Aug 21, 2026
1Y high
11667
Jan 14, 2026
Normal band
8778–10355
mean ± 1 std dev
Deviation from mean
-2.02σ
358 observations
Magnesium to Ethanol ratio charts
Pick a range once — it applies to the MG/ETHANOL ratio line, the OHLC candles and the Magnesium / Ethanol price chart below.
MG/ETHANOL ratio line
How many Gal of Ethanol one T of Magnesium buys, over 1Y.
MG/ETHANOL ratio candles
Open, high, low and close of the MG/ETHANOL ratio for each period in the last 1Y.
Magnesium and Ethanol 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 ethanol ratio
Magnesium to Ethanol ratio = Magnesium price per Metric Ton ÷ Ethanol price per Gallon
The two legs use different units, so the result is a rate — Gallons of ethanol per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $2.12 = 7972. The inverse is 0.0001254.
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 ethanol ratio today?
The magnesium to ethanol ratio is 7972 — Magnesium at $16,900.00 per Metric Ton divided by Ethanol at $2.12 per Gallon, from live mid-market prices.
How do you calculate the magnesium to ethanol ratio?
Divide the magnesium price per Metric Ton by the ethanol price per Gallon. If the two units differ, the result is a rate rather than a plain count — read it as Gallons of ethanol per Metric Ton of magnesium.
What is the inverse of the magnesium to ethanol ratio?
The inverse, ethanol to magnesium, is 0.0001254 — how many Metric Tons of magnesium one Gallon of ethanol buys.