Commodity ratio · live
Barley to Magnesium Ratio
The barley to magnesium ratio is 0.007213 — Barley at $121.90 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:21 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Barley to Magnesium ratio
1.000 T of barley = 0.007213 T of magnesium
Inverse (MG/NBLC1): 138.6 — one Metric Ton of magnesium buys that much barley.
Barley
$121.90
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 barley. Prices as of Mon, 24 Aug 2026 11:21:20 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.
Barley to Magnesium ratio charts
Pick a range once — it applies to the NBLC1/MG ratio line, the OHLC candles and the Barley / Magnesium price chart below.
NBLC1/MG ratio line
How many T of Magnesium one T of Barley buys, over 1Y.
No overlapping history for NBLC1/MG over 1Y. Try a longer range.
NBLC1/MG ratio candles
Open, high, low and close of the NBLC1/MG ratio for each period in the last 1Y.
No overlapping history for NBLC1/MG over 1Y. Try a longer range.
Barley 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 barley to magnesium ratio
Barley to Magnesium ratio = Barley 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 barley — rather than a plain count.
Worked example, live prices: $121.90 ÷ $16,900.00 = 0.007213. The inverse is 138.6.
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 barley to magnesium ratio today?
The barley to magnesium ratio is 0.007213 — Barley at $121.90 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the barley to magnesium ratio?
Divide the barley 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 barley.
What is the inverse of the barley to magnesium ratio?
The inverse, magnesium to barley, is 138.6 — how many Metric Tons of barley one Metric Ton of magnesium buys.