Commodity ratio · live
Magnesium to Lithium Ratio
The magnesium to lithium ratio is 0.1053 — Magnesium at $16,900.00 per Metric Ton divided by Lithium at $160,500.00 per Metric Ton.
Prices as of Aug 24, 2026, 12:09 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to Lithium ratio
1.000 T of magnesium = 0.1053 T of lithium
Inverse (LC/MG): 9.497 — one Metric Ton of lithium buys that much magnesium.
Below its 1 year average. (20th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Lithium
¥160,500.00
per Metric Ton
Unit basis: CNY per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of lithium per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 12:09:10 GMT.
1Y average
0.1464
median 0.1167
1Y low
0.08522
May 12, 2026
1Y high
0.2518
Sep 12, 2025
Normal band
0.09444–0.1983
mean ± 1 std dev
Deviation from mean
-0.79σ
357 observations
Magnesium to Lithium ratio charts
Pick a range once — it applies to the MG/LC ratio line, the OHLC candles and the Magnesium / Lithium price chart below.
MG/LC ratio line
How many T of Lithium one T of Magnesium buys, over 1Y.
MG/LC ratio candles
Open, high, low and close of the MG/LC ratio for each period in the last 1Y.
Magnesium and Lithium 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 lithium ratio
Magnesium to Lithium ratio = Magnesium price per Metric Ton ÷ Lithium price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $16,900.00 ÷ $160,500.00 = 0.1053. The inverse is 9.497.
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 lithium ratio today?
The magnesium to lithium ratio is 0.1053 — Magnesium at $16,900.00 per Metric Ton divided by Lithium at $160,500.00 per Metric Ton, from live mid-market prices.
How do you calculate the magnesium to lithium ratio?
Divide the magnesium price per Metric Ton by the lithium price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of lithium per Metric Ton of magnesium.
What is the inverse of the magnesium to lithium ratio?
The inverse, lithium to magnesium, is 9.497 — how many Metric Tons of magnesium one Metric Ton of lithium buys.