Commodity ratio · live
Magnesium to TTF Gas Ratio
The magnesium to ttf gas ratio is 250.7 — Magnesium at $16,900.00 per Metric Ton divided by TTF Gas at $67.42 per Megawatt Hour.
Prices as of Aug 24, 2026, 11:30 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to TTF Gas ratio
1.000 T of magnesium = 250.667 MWh of ttf gas
Inverse (TTF-GAS/MG): 0.003989 — one Megawatt Hour of ttf gas buys that much magnesium.
Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
TTF Gas
€67.42
per Megawatt Hour
Unit basis: CNY per Metric Ton ÷ EUR per Megawatt Hour. The ratio reads as Megawatt Hours of ttf gas per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 11:30:54 GMT.
These two commodities are quoted in different currencies (CNY and EUR). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
449.9
median 433.6
1Y low
237.2
Mar 19, 2026
1Y high
656.1
Jan 11, 2026
Normal band
340.1–559.7
mean ± 1 std dev
Deviation from mean
-1.81σ
333 observations
Magnesium to TTF Gas ratio charts
Pick a range once — it applies to the MG/TTF-GAS ratio line, the OHLC candles and the Magnesium / TTF Gas price chart below.
MG/TTF-GAS ratio line
How many MWh of TTF Gas one T of Magnesium buys, over 1Y.
MG/TTF-GAS ratio candles
Open, high, low and close of the MG/TTF-GAS ratio for each period in the last 1Y.
Magnesium and TTF Gas 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 ttf gas ratio
Magnesium to TTF Gas ratio = Magnesium price per Metric Ton ÷ TTF Gas price per Megawatt Hour
The two legs use different units, so the result is a rate — Megawatt Hours of ttf gas per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $67.42 = 250.7. The inverse is 0.003989.
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 ttf gas ratio today?
The magnesium to ttf gas ratio is 250.7 — Magnesium at $16,900.00 per Metric Ton divided by TTF Gas at $67.42 per Megawatt Hour, from live mid-market prices.
How do you calculate the magnesium to ttf gas ratio?
Divide the magnesium price per Metric Ton by the ttf gas price per Megawatt Hour. If the two units differ, the result is a rate rather than a plain count — read it as Megawatt Hours of ttf gas per Metric Ton of magnesium.
What is the inverse of the magnesium to ttf gas ratio?
The inverse, ttf gas to magnesium, is 0.003989 — how many Metric Tons of magnesium one Megawatt Hour of ttf gas buys.