Commodity ratio · live
Magnesium to Wool Ratio
The magnesium to wool ratio is 9.327 — Magnesium at $16,900.00 per Metric Ton divided by Wool at $1,812.00 per 100 Kilogram.
Prices as of Aug 24, 2026, 10:23 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to Wool ratio
1.000 T of magnesium = 9.327 100 Kg of wool
Inverse (WOOL/MG): 0.1072 — one 100 Kilogram of wool buys that much magnesium.
Below its 1 year average. (28th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
Wool
AU$1,812.00
per 100 Kilogram
Unit basis: CNY per Metric Ton ÷ AUD per 100 Kilogram. The ratio reads as 100 Kilograms of wool per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 10:23:25 GMT.
These two commodities are quoted in different currencies (CNY and AUD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
11.96
median 10.38
1Y low
8.497
Jun 24, 2026
1Y high
178.0
May 4, 2026
Normal band
0.000–27.24
mean ± 1 std dev
Deviation from mean
-0.17σ
356 observations
Magnesium to Wool ratio charts
Pick a range once — it applies to the MG/WOOL ratio line, the OHLC candles and the Magnesium / Wool price chart below.
MG/WOOL ratio line
How many 100 Kg of Wool one T of Magnesium buys, over 1Y.
MG/WOOL ratio candles
Open, high, low and close of the MG/WOOL ratio for each period in the last 1Y.
Magnesium and Wool 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 wool ratio
Magnesium to Wool ratio = Magnesium price per Metric Ton ÷ Wool price per 100 Kilogram
The two legs use different units, so the result is a rate — 100 Kilograms of wool per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $1,812.00 = 9.327. The inverse is 0.1072.
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 wool ratio today?
The magnesium to wool ratio is 9.327 — Magnesium at $16,900.00 per Metric Ton divided by Wool at $1,812.00 per 100 Kilogram, from live mid-market prices.
How do you calculate the magnesium to wool ratio?
Divide the magnesium price per Metric Ton by the wool price per 100 Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as 100 Kilograms of wool per Metric Ton of magnesium.
What is the inverse of the magnesium to wool ratio?
The inverse, wool to magnesium, is 0.1072 — how many Metric Tons of magnesium one 100 Kilogram of wool buys.