Commodity ratio · live
Neodymium to Magnesium Ratio
The neodymium to magnesium ratio is 56.36 — Neodymium at $952,500.00 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:24 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Neodymium to Magnesium ratio
1.000 T of neodymium = 56.361 T of magnesium
Inverse (MG/NDYM): 0.01774 — one Metric Ton of magnesium buys that much neodymium.
Close to the middle of its 1 year range. (64th percentile of the last 1 year)
Neodymium
$952,500.00
per Metric Ton
Magnesium
¥16,900.00
per Metric Ton
Unit basis: CNY per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Metric Ton of neodymium. Prices as of Mon, 24 Aug 2026 10:24:15 GMT.
1Y average
51.37
median 53.97
1Y low
38.40
Oct 24, 2025
1Y high
66.29
Feb 26, 2026
Normal band
43.67–59.07
mean ± 1 std dev
Deviation from mean
+0.65σ
352 observations
Neodymium to Magnesium ratio charts
Pick a range once — it applies to the NDYM/MG ratio line, the OHLC candles and the Neodymium / Magnesium price chart below.
NDYM/MG ratio line
How many T of Magnesium one T of Neodymium buys, over 1Y.
NDYM/MG ratio candles
Open, high, low and close of the NDYM/MG ratio for each period in the last 1Y.
Neodymium 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 neodymium to magnesium ratio
Neodymium to Magnesium ratio = Neodymium price per Metric Ton ÷ Magnesium price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $952,500.00 ÷ $16,900.00 = 56.36. The inverse is 0.01774.
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 neodymium to magnesium ratio today?
The neodymium to magnesium ratio is 56.36 — Neodymium at $952,500.00 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the neodymium to magnesium ratio?
Divide the neodymium 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 neodymium.
What is the inverse of the neodymium to magnesium ratio?
The inverse, magnesium to neodymium, is 0.01774 — how many Metric Tons of neodymium one Metric Ton of magnesium buys.