Commodity ratio · live
Magnesium to Hides Ratio
The magnesium to hides ratio is 298.1 — Magnesium at $16,900.00 per Metric Ton divided by Hides at $56.69 per Pound.
Prices as of Aug 24, 2026, 11:15 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to Hides ratio
1.000 T of magnesium = 298.113 lbs of hides
Inverse (HIDE/MG): 0.003354 — one Pound of hides buys that much magnesium.
Magnesium
¥16,900.00
per Metric Ton
Hides
¢56.69
per Pound
Unit basis: CNY per Metric Ton ÷ US Cents per Pound. The ratio reads as Pounds of hides per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 11:15:29 GMT.
These two commodities are quoted in different currencies (CNY and US Cents). The figure above is a raw quote ratio and is not FX-adjusted.
Magnesium to Hides ratio charts
Pick a range once — it applies to the MG/HIDE ratio line, the OHLC candles and the Magnesium / Hides price chart below.
MG/HIDE ratio line
How many lbs of Hides one T of Magnesium buys, over 1Y.
No overlapping history for MG/HIDE over 1Y. Try a longer range.
MG/HIDE ratio candles
Open, high, low and close of the MG/HIDE ratio for each period in the last 1Y.
No overlapping history for MG/HIDE over 1Y. Try a longer range.
Magnesium and Hides 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 hides ratio
Magnesium to Hides ratio = Magnesium price per Metric Ton ÷ Hides price per Pound
The two legs use different units, so the result is a rate — Pounds of hides per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $56.69 = 298.1. The inverse is 0.003354.
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 hides ratio today?
The magnesium to hides ratio is 298.1 — Magnesium at $16,900.00 per Metric Ton divided by Hides at $56.69 per Pound, from live mid-market prices.
How do you calculate the magnesium to hides ratio?
Divide the magnesium price per Metric Ton by the hides price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of hides per Metric Ton of magnesium.
What is the inverse of the magnesium to hides ratio?
The inverse, hides to magnesium, is 0.003354 — how many Metric Tons of magnesium one Pound of hides buys.