Commodity ratio · live
Milk to Bitumen Ratio
The milk to bitumen ratio is 0.003660 — Milk at $16.63 per Hundredweight divided by Bitumen at $4,544.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Milk to Bitumen ratio
1.000 Cwt of milk = 0.003660 T of bitumen
Inverse (BIT/MILK): 273.2 — one Metric Ton of bitumen buys that much milk.
Near the bottom of its 1 year range — historically compressed. (7th percentile of the last 1 year)
Milk
$16.63
per Hundredweight
Bitumen
¥4,544.00
per Metric Ton
Unit basis: USD per Hundredweight ÷ CNY per Metric Ton. The ratio reads as Metric Tons of bitumen per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 10:33:53 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.004505
median 0.004431
1Y low
0.003332
Mar 30, 2026
1Y high
0.005933
Dec 2, 2025
Normal band
0.003840–0.005169
mean ± 1 std dev
Deviation from mean
-1.27σ
312 observations
Milk to Bitumen ratio charts
Pick a range once — it applies to the MILK/BIT ratio line, the OHLC candles and the Milk / Bitumen price chart below.
MILK/BIT ratio line
How many T of Bitumen one Cwt of Milk buys, over 1Y.
MILK/BIT ratio candles
Open, high, low and close of the MILK/BIT ratio for each period in the last 1Y.
Milk and Bitumen prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the milk to bitumen ratio
Milk to Bitumen ratio = Milk price per Hundredweight ÷ Bitumen price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of bitumen per Hundredweight of milk — rather than a plain count.
Worked example, live prices: $16.63 ÷ $4,544.00 = 0.003660. The inverse is 273.2.
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 milk to bitumen ratio today?
The milk to bitumen ratio is 0.003660 — Milk at $16.63 per Hundredweight divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.
How do you calculate the milk to bitumen ratio?
Divide the milk price per Hundredweight by the bitumen 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 bitumen per Hundredweight of milk.
What is the inverse of the milk to bitumen ratio?
The inverse, bitumen to milk, is 273.2 — how many Hundredweights of milk one Metric Ton of bitumen buys.