Commodity ratio · live
Magnesium to Rapeseed Oil Ratio
The magnesium to rapeseed oil ratio is 31.79 — Magnesium at $16,900.00 per Metric Ton divided by Rapeseed Oil at $531.64 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 Rapeseed Oil ratio
1.000 T of magnesium = 31.788 T of rapeseed oil
Inverse (RSO/MG): 0.03146 — one Metric Ton of rapeseed oil buys that much magnesium.
Near the bottom of its 1 year range — historically compressed. (10th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Rapeseed Oil
$531.64
per Metric Ton
Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of rapeseed oil per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 10:24:27 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
35.14
median 35.54
1Y low
29.32
Jul 24, 2026
1Y high
39.67
Aug 24, 2025
Normal band
33.00–37.28
mean ± 1 std dev
Deviation from mean
-1.57σ
334 observations
Magnesium to Rapeseed Oil ratio charts
Pick a range once — it applies to the MG/RSO ratio line, the OHLC candles and the Magnesium / Rapeseed Oil price chart below.
MG/RSO ratio line
How many T of Rapeseed Oil one T of Magnesium buys, over 1Y.
MG/RSO ratio candles
Open, high, low and close of the MG/RSO ratio for each period in the last 1Y.
Magnesium and Rapeseed 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 rapeseed oil ratio
Magnesium to Rapeseed Oil ratio = Magnesium price per Metric Ton ÷ Rapeseed Oil price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of rapeseed oil per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $531.64 = 31.79. The inverse is 0.03146.
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 rapeseed oil ratio today?
The magnesium to rapeseed oil ratio is 31.79 — Magnesium at $16,900.00 per Metric Ton divided by Rapeseed Oil at $531.64 per Metric Ton, from live mid-market prices.
How do you calculate the magnesium to rapeseed oil ratio?
Divide the magnesium price per Metric Ton by the rapeseed 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 rapeseed oil per Metric Ton of magnesium.
What is the inverse of the magnesium to rapeseed oil ratio?
The inverse, rapeseed oil to magnesium, is 0.03146 — how many Metric Tons of magnesium one Metric Ton of rapeseed oil buys.