Commodity ratio · live
Magnesium to Neodymium Ratio
The magnesium to neodymium ratio is 0.01774 — Magnesium at $16,900.00 per Metric Ton divided by Neodymium at $952,500.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:24 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to Neodymium ratio
1.000 T of magnesium = 0.01774 T of neodymium
Inverse (NDYM/MG): 56.36 — one Metric Ton of neodymium buys that much magnesium.
Close to the middle of its 1 year range. (36th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Neodymium
$952,500.00
per Metric Ton
Unit basis: CNY per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of neodymium per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 10:24:15 GMT.
1Y average
0.01992
median 0.01853
1Y low
0.01509
Feb 26, 2026
1Y high
0.02604
Oct 24, 2025
Normal band
0.01685–0.02300
mean ± 1 std dev
Deviation from mean
-0.71σ
352 observations
Magnesium to Neodymium ratio charts
Pick a range once — it applies to the MG/NDYM ratio line, the OHLC candles and the Magnesium / Neodymium price chart below.
MG/NDYM ratio line
How many T of Neodymium one T of Magnesium buys, over 1Y.
MG/NDYM ratio candles
Open, high, low and close of the MG/NDYM ratio for each period in the last 1Y.
Magnesium and Neodymium 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 neodymium ratio
Magnesium to Neodymium ratio = Magnesium price per Metric Ton ÷ Neodymium 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 ÷ $952,500.00 = 0.01774. The inverse is 56.36.
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 neodymium ratio today?
The magnesium to neodymium ratio is 0.01774 — Magnesium at $16,900.00 per Metric Ton divided by Neodymium at $952,500.00 per Metric Ton, from live mid-market prices.
How do you calculate the magnesium to neodymium ratio?
Divide the magnesium price per Metric Ton by the neodymium 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 neodymium per Metric Ton of magnesium.
What is the inverse of the magnesium to neodymium ratio?
The inverse, neodymium to magnesium, is 56.36 — how many Metric Tons of magnesium one Metric Ton of neodymium buys.