Commodity ratio · live
Magnesium to Urea Ratio
The magnesium to urea ratio is 41.32 — Magnesium at $16,900.00 per Metric Ton divided by Urea at $409.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:18 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to Urea ratio
1.000 T of magnesium = 41.320 T of urea
Inverse (UREA/MG): 0.02420 — one Metric Ton of urea buys that much magnesium.
Close to the middle of its 1 year range. (40th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Urea
$409.00
per Metric Ton
Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of urea per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 11:18:43 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
39.91
median 43.02
1Y low
24.99
Apr 15, 2026
1Y high
48.81
Jun 17, 2026
Normal band
32.89–46.93
mean ± 1 std dev
Deviation from mean
+0.20σ
357 observations
Magnesium to Urea ratio charts
Pick a range once — it applies to the MG/UREA ratio line, the OHLC candles and the Magnesium / Urea price chart below.
MG/UREA ratio line
How many T of Urea one T of Magnesium buys, over 1Y.
MG/UREA ratio candles
Open, high, low and close of the MG/UREA ratio for each period in the last 1Y.
Magnesium and Urea 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 urea ratio
Magnesium to Urea ratio = Magnesium price per Metric Ton ÷ Urea price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of urea per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $409.00 = 41.32. The inverse is 0.02420.
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 urea ratio today?
The magnesium to urea ratio is 41.32 — Magnesium at $16,900.00 per Metric Ton divided by Urea at $409.00 per Metric Ton, from live mid-market prices.
How do you calculate the magnesium to urea ratio?
Divide the magnesium price per Metric Ton by the urea 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 urea per Metric Ton of magnesium.
What is the inverse of the magnesium to urea ratio?
The inverse, urea to magnesium, is 0.02420 — how many Metric Tons of magnesium one Metric Ton of urea buys.