Commodity ratio · live

Naphtha to Magnesium Ratio

The naphtha to magnesium ratio is 0.04480 Naphtha at $757.20 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton.

Prices as of Aug 24, 2026, 10:28 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Naphtha to Magnesium ratio

0.04480+44.62% / 1Y

1.000 T of naphtha = 0.04480 T of magnesium

Inverse (MG/NAPHTHA): 22.32 — one Metric Ton of magnesium buys that much naphtha.

Above its 1 year average. (76th percentile of the last 1 year)

Naphtha

$757.20

per Metric Ton

Magnesium

¥16,900.00

per Metric Ton

Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Metric Ton of naphtha. Prices as of Mon, 24 Aug 2026 10:28:34 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

0.03772

median 0.03231

1Y low

0.02823

Jan 7, 2026

1Y high

0.05492

Apr 7, 2026

Normal band

0.02988–0.04557

mean ± 1 std dev

Deviation from mean

+0.90σ

355 observations

Naphtha to Magnesium ratio charts

Pick a range once — it applies to the NAPHTHA/MG ratio line, the OHLC candles and the Naphtha / Magnesium price chart below.

NAPHTHA/MG ratio line

How many T of Magnesium one T of Naphtha buys, over 1Y.

NAPHTHA/MG ratio candles

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

Naphtha and Magnesium prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the naphtha to magnesium ratio

Naphtha to Magnesium ratio = Naphtha price per Metric Ton ÷ Magnesium price per Metric Ton

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

Worked example, live prices: $757.20 ÷ $16,900.00 = 0.04480. The inverse is 22.32.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the naphtha to magnesium ratio today?

The naphtha to magnesium ratio is 0.04480 — Naphtha at $757.20 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.

How do you calculate the naphtha to magnesium ratio?

Divide the naphtha price per Metric Ton by the magnesium 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 magnesium per Metric Ton of naphtha.

What is the inverse of the naphtha to magnesium ratio?

The inverse, magnesium to naphtha, is 22.32 — how many Metric Tons of naphtha one Metric Ton of magnesium buys.

Naphtha to Magnesium Ratio — 0.04480 Today | CommodityPriceAPI