Commodity ratio · live
Magnesium to Indium Ratio
The magnesium to indium ratio is 3.159 — Magnesium at $16,900.00 per Metric Ton divided by Indium at $5,350.00 per Kilogram.
Prices as of Aug 24, 2026, 10:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to Indium ratio
1.000 T of magnesium = 3.159 Kg of indium
Inverse (INDIUM/MG): 0.3166 — one Kilogram of indium buys that much magnesium.
Below its 1 year average. (14th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Indium
$5,350.00
per Kilogram
Unit basis: CNY per Metric Ton ÷ USD per Kilogram. The ratio reads as Kilograms of indium per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 10:25:10 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
4.914
median 4.241
1Y low
2.845
Jul 19, 2026
1Y high
7.260
Aug 28, 2025
Normal band
3.372–6.456
mean ± 1 std dev
Deviation from mean
-1.14σ
358 observations
Magnesium to Indium ratio charts
Pick a range once — it applies to the MG/INDIUM ratio line, the OHLC candles and the Magnesium / Indium price chart below.
MG/INDIUM ratio line
How many Kg of Indium one T of Magnesium buys, over 1Y.
MG/INDIUM ratio candles
Open, high, low and close of the MG/INDIUM ratio for each period in the last 1Y.
Magnesium and Indium 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 indium ratio
Magnesium to Indium ratio = Magnesium price per Metric Ton ÷ Indium price per Kilogram
The two legs use different units, so the result is a rate — Kilograms of indium per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $5,350.00 = 3.159. The inverse is 0.3166.
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 indium ratio today?
The magnesium to indium ratio is 3.159 — Magnesium at $16,900.00 per Metric Ton divided by Indium at $5,350.00 per Kilogram, from live mid-market prices.
How do you calculate the magnesium to indium ratio?
Divide the magnesium price per Metric Ton by the indium price per Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as Kilograms of indium per Metric Ton of magnesium.
What is the inverse of the magnesium to indium ratio?
The inverse, indium to magnesium, is 0.3166 — how many Metric Tons of magnesium one Kilogram of indium buys.