Commodity ratio · live
Magnesium to Polyethylene Ratio
The magnesium to polyethylene ratio is 2.151 — Magnesium at $16,900.00 per Metric Ton divided by Polyethylene at $7,856.00 per Metric Ton.
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 Polyethylene ratio
1.000 T of magnesium = 2.151 T of polyethylene
Inverse (POL/MG): 0.4649 — one Metric Ton of polyethylene buys that much magnesium.
Below its 1 year average. (14th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Polyethylene
¥7,856.00
per Metric Ton
Unit basis: CNY per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of polyethylene per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 11:15:55 GMT.
1Y average
2.389
median 2.475
1Y low
1.916
Mar 22, 2026
1Y high
2.773
Jan 11, 2026
Normal band
2.193–2.585
mean ± 1 std dev
Deviation from mean
-1.21σ
341 observations
Magnesium to Polyethylene ratio charts
Pick a range once — it applies to the MG/POL ratio line, the OHLC candles and the Magnesium / Polyethylene price chart below.
MG/POL ratio line
How many T of Polyethylene one T of Magnesium buys, over 1Y.
MG/POL ratio candles
Open, high, low and close of the MG/POL ratio for each period in the last 1Y.
Magnesium and Polyethylene 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 polyethylene ratio
Magnesium to Polyethylene ratio = Magnesium price per Metric Ton ÷ Polyethylene 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 ÷ $7,856.00 = 2.151. The inverse is 0.4649.
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 polyethylene ratio today?
The magnesium to polyethylene ratio is 2.151 — Magnesium at $16,900.00 per Metric Ton divided by Polyethylene at $7,856.00 per Metric Ton, from live mid-market prices.
How do you calculate the magnesium to polyethylene ratio?
Divide the magnesium price per Metric Ton by the polyethylene 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 polyethylene per Metric Ton of magnesium.
What is the inverse of the magnesium to polyethylene ratio?
The inverse, polyethylene to magnesium, is 0.4649 — how many Metric Tons of magnesium one Metric Ton of polyethylene buys.