Commodity ratio · live
Magnesium to Palm Oil Ratio
The magnesium to palm oil ratio is 3.416 — Magnesium at $16,900.00 per Metric Ton divided by Palm Oil at $4,947.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:18 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to Palm Oil ratio
1.000 T of magnesium = 3.416 T of palm oil
Inverse (PO/MG): 0.2927 — one Metric Ton of palm oil buys that much magnesium.
Near the bottom of its 1 year range — historically compressed. (1th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Palm Oil
MYR4,947.00
per Metric Ton
Unit basis: CNY per Metric Ton ÷ MYR per Metric Ton. The ratio reads as Metric Tons of palm oil per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 11:18:51 GMT.
These two commodities are quoted in different currencies (CNY and MYR). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
3.953
median 3.961
1Y low
3.343
Aug 21, 2026
1Y high
4.465
Jan 11, 2026
Normal band
3.740–4.165
mean ± 1 std dev
Deviation from mean
-2.52σ
332 observations
Magnesium to Palm Oil ratio charts
Pick a range once — it applies to the MG/PO ratio line, the OHLC candles and the Magnesium / Palm Oil price chart below.
MG/PO ratio line
How many T of Palm Oil one T of Magnesium buys, over 1Y.
MG/PO ratio candles
Open, high, low and close of the MG/PO ratio for each period in the last 1Y.
Magnesium and Palm Oil 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 palm oil ratio
Magnesium to Palm Oil ratio = Magnesium price per Metric Ton ÷ Palm Oil price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of palm oil per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $4,947.00 = 3.416. The inverse is 0.2927.
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 palm oil ratio today?
The magnesium to palm oil ratio is 3.416 — Magnesium at $16,900.00 per Metric Ton divided by Palm Oil at $4,947.00 per Metric Ton, from live mid-market prices.
How do you calculate the magnesium to palm oil ratio?
Divide the magnesium price per Metric Ton by the palm oil 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 palm oil per Metric Ton of magnesium.
What is the inverse of the magnesium to palm oil ratio?
The inverse, palm oil to magnesium, is 0.2927 — how many Metric Tons of magnesium one Metric Ton of palm oil buys.