Commodity ratio · live

Magnesium to Tellurium Ratio

The magnesium to tellurium ratio is 20.99 Magnesium at $16,900.00 per Metric Ton divided by Tellurium at $805.00 per Metric Ton.

Prices as of Aug 24, 2026, 12:08 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Magnesium to Tellurium ratio

20.99-31.96% / 1Y

1.000 T of magnesium = 20.994 T of tellurium

Inverse (TEL/MG): 0.04763 — one Metric Ton of tellurium buys that much magnesium.

Below its 1 year average. (14th percentile of the last 1 year)

Magnesium

¥16,900.00

per Metric Ton

Tellurium

$805.00

per Metric Ton

Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of tellurium per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 12:08:59 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

23.77

median 22.84

1Y low

20.12

Jul 5, 2026

1Y high

31.64

Aug 26, 2025

Normal band

20.81–26.73

mean ± 1 std dev

Deviation from mean

-0.94σ

342 observations

Magnesium to Tellurium ratio charts

Pick a range once — it applies to the MG/TEL ratio line, the OHLC candles and the Magnesium / Tellurium price chart below.

MG/TEL ratio line

How many T of Tellurium one T of Magnesium buys, over 1Y.

MG/TEL ratio candles

Open, high, low and close of the MG/TEL ratio for each period in the last 1Y.

Magnesium and Tellurium 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 tellurium ratio

Magnesium to Tellurium ratio = Magnesium price per Metric Ton ÷ Tellurium price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of tellurium per Metric Ton of magnesium — rather than a plain count.

Worked example, live prices: $16,900.00 ÷ $805.00 = 20.99. The inverse is 0.04763.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the magnesium to tellurium ratio today?

The magnesium to tellurium ratio is 20.99 — Magnesium at $16,900.00 per Metric Ton divided by Tellurium at $805.00 per Metric Ton, from live mid-market prices.

How do you calculate the magnesium to tellurium ratio?

Divide the magnesium price per Metric Ton by the tellurium 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 tellurium per Metric Ton of magnesium.

What is the inverse of the magnesium to tellurium ratio?

The inverse, tellurium to magnesium, is 0.04763 — how many Metric Tons of magnesium one Metric Ton of tellurium buys.

Magnesium to Tellurium Ratio — 20.99 Today | CommodityPriceAPI