Commodity ratio · live

Magnesium to UK Gas Ratio

The magnesium to uk gas ratio is 101.7 Magnesium at $16,900.00 per Metric Ton divided by UK Gas at $166.14 per Therm.

Prices as of Aug 24, 2026, 11:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Magnesium to UK Gas ratio

101.7-56.14% / 1Y

1.000 T of magnesium = 101.721 Thm of uk gas

Inverse (UK-GAS/MG): 0.009831 — one Therm of uk 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

UK Gas

$166.14

per Therm

Unit basis: CNY per Metric Ton ÷ USD per Therm. The ratio reads as Therms of uk gas per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 11:32:17 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

180.1

median 174.5

1Y low

97.50

Mar 19, 2026

1Y high

251.9

Jan 11, 2026

Normal band

138.9–221.3

mean ± 1 std dev

Deviation from mean

-1.90σ

340 observations

Magnesium to UK Gas ratio charts

Pick a range once — it applies to the MG/UK-GAS ratio line, the OHLC candles and the Magnesium / UK Gas price chart below.

MG/UK-GAS ratio line

How many Thm of UK Gas one T of Magnesium buys, over 1Y.

MG/UK-GAS ratio candles

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

Magnesium and UK 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 uk gas ratio

Magnesium to UK Gas ratio = Magnesium price per Metric Ton ÷ UK Gas price per Therm

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

Worked example, live prices: $16,900.00 ÷ $166.14 = 101.7. The inverse is 0.009831.

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 uk gas ratio today?

The magnesium to uk gas ratio is 101.7 — Magnesium at $16,900.00 per Metric Ton divided by UK Gas at $166.14 per Therm, from live mid-market prices.

How do you calculate the magnesium to uk gas ratio?

Divide the magnesium price per Metric Ton by the uk gas price per Therm. If the two units differ, the result is a rate rather than a plain count — read it as Therms of uk gas per Metric Ton of magnesium.

What is the inverse of the magnesium to uk gas ratio?

The inverse, uk gas to magnesium, is 0.009831 — how many Metric Tons of magnesium one Therm of uk gas buys.

Magnesium to UK Gas Ratio — 101.7 Today | CommodityPriceAPI