Commodity ratio · live
Magnesium to Rough Rice Futures Ratio
The magnesium to rough rice futures ratio is 1150 — Magnesium at $16,900.00 per Metric Ton divided by Rough Rice Futures at $14.70 per Hundredweight.
Prices as of Aug 24, 2026, 12:14 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to Rough Rice Futures ratio
1.000 T of magnesium = 1,149.7 Cwt of rough rice futures
Inverse (RR-FUT/MG): 0.0008698 — one Hundredweight of rough rice futures 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
Rough Rice Futures
$14.70
per Hundredweight
Unit basis: CNY per Metric Ton ÷ USD per Hundredweight. The ratio reads as Hundredweights of rough rice futures per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 12:14:31 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
1533
median 1590
1Y low
1141
Aug 21, 2026
1Y high
1835
Jan 12, 2026
Normal band
1362–1705
mean ± 1 std dev
Deviation from mean
-2.23σ
334 observations
Magnesium to Rough Rice Futures ratio charts
Pick a range once — it applies to the MG/RR-FUT ratio line, the OHLC candles and the Magnesium / Rough Rice Futures price chart below.
MG/RR-FUT ratio line
How many Cwt of Rough Rice Futures one T of Magnesium buys, over 1Y.
MG/RR-FUT ratio candles
Open, high, low and close of the MG/RR-FUT ratio for each period in the last 1Y.
Magnesium and Rough Rice Futures 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 rough rice futures ratio
Magnesium to Rough Rice Futures ratio = Magnesium price per Metric Ton ÷ Rough Rice Futures price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of rough rice futures per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $14.70 = 1150. The inverse is 0.0008698.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the magnesium to rough rice futures ratio today?
The magnesium to rough rice futures ratio is 1150 — Magnesium at $16,900.00 per Metric Ton divided by Rough Rice Futures at $14.70 per Hundredweight, from live mid-market prices.
How do you calculate the magnesium to rough rice futures ratio?
Divide the magnesium price per Metric Ton by the rough rice futures price per Hundredweight. If the two units differ, the result is a rate rather than a plain count — read it as Hundredweights of rough rice futures per Metric Ton of magnesium.
What is the inverse of the magnesium to rough rice futures ratio?
The inverse, rough rice futures to magnesium, is 0.0008698 — how many Metric Tons of magnesium one Hundredweight of rough rice futures buys.