Commodity ratio · live

Milk to Lithium Ratio

The milk to lithium ratio is 0.0001036 Milk at $16.63 per Hundredweight divided by Lithium at $160,500.00 per Metric Ton.

Prices as of Aug 24, 2026, 10:40 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Hundredweight

Milk to Lithium ratio

0.0001036-52.21% / 1Y

1.000 Cwt of milk = 0.0001036 T of lithium

Inverse (LC/MILK): 9651 — one Metric Ton of lithium buys that much milk.

Close to the middle of its 1 year range. (38th percentile of the last 1 year)

Milk

$16.63

per Hundredweight

Lithium

¥160,500.00

per Metric Ton

Unit basis: USD per Hundredweight ÷ CNY per Metric Ton. The ratio reads as Metric Tons of lithium per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 10:40:58 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

0.0001386

median 0.0001085

1Y low

0.00008103

Jan 25, 2026

1Y high

0.0002492

Sep 11, 2025

Normal band

0.00008475–0.0001924

mean ± 1 std dev

Deviation from mean

-0.65σ

361 observations

Milk to Lithium ratio charts

Pick a range once — it applies to the MILK/LC ratio line, the OHLC candles and the Milk / Lithium price chart below.

MILK/LC ratio line

How many T of Lithium one Cwt of Milk buys, over 1Y.

MILK/LC ratio candles

Open, high, low and close of the MILK/LC ratio for each period in the last 1Y.

Milk and Lithium 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 lithium ratio

Milk to Lithium ratio = Milk price per Hundredweight ÷ Lithium price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of lithium per Hundredweight of milk — rather than a plain count.

Worked example, live prices: $16.63 ÷ $160,500.00 = 0.0001036. The inverse is 9651.

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 milk to lithium ratio today?

The milk to lithium ratio is 0.0001036 — Milk at $16.63 per Hundredweight divided by Lithium at $160,500.00 per Metric Ton, from live mid-market prices.

How do you calculate the milk to lithium ratio?

Divide the milk price per Hundredweight by the lithium 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 lithium per Hundredweight of milk.

What is the inverse of the milk to lithium ratio?

The inverse, lithium to milk, is 9651 — how many Hundredweights of milk one Metric Ton of lithium buys.