Commodity ratio · live

Natural Gas, US to Magnesium Ratio

The natural gas, us to magnesium ratio is 0.0001651 Natural Gas, US at $2.79 per Million British Thermal Units divided by Magnesium at $16,900.00 per Metric Ton.

Prices as of Aug 24, 2026, 10:49 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Million British Thermal Units

Natural Gas, US to Magnesium ratio

0.0001651-16.96% / 1Y

1.000 MMBtu of natural gas, us = 0.0001651 T of magnesium

Inverse (MG/NG-US): 6057 — one Metric Ton of magnesium buys that much natural gas, us.

Close to the middle of its 1 year range. (41th percentile of the last 1 year)

Natural Gas, US

$2.79

per Million British Thermal Units

Magnesium

¥16,900.00

per Metric Ton

Unit basis: USD per Million British Thermal Units ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Million British Thermal Units of natural gas, us. Prices as of Mon, 24 Aug 2026 10:49:57 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

0.0001694

median 0.0001667

1Y low

0.0001506

Aug 7, 2026

1Y high

0.0002000

Jun 30, 2026

Normal band

0.0001557–0.0001830

mean ± 1 std dev

Deviation from mean

-0.31σ

34 observations

Natural Gas, US to Magnesium ratio charts

Pick a range once — it applies to the NG-US/MG ratio line, the OHLC candles and the Natural Gas, US / Magnesium price chart below.

NG-US/MG ratio line

How many T of Magnesium one MMBtu of Natural Gas, US buys, over 1Y.

NG-US/MG ratio candles

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

Natural Gas, US 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 natural gas, us to magnesium ratio

Natural Gas, US to Magnesium ratio = Natural Gas, US price per Million British Thermal Units ÷ Magnesium price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of magnesium per Million British Thermal Units of natural gas, us — rather than a plain count.

Worked example, live prices: $2.79 ÷ $16,900.00 = 0.0001651. The inverse is 6057.

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 natural gas, us to magnesium ratio today?

The natural gas, us to magnesium ratio is 0.0001651 — Natural Gas, US at $2.79 per Million British Thermal Units divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.

How do you calculate the natural gas, us to magnesium ratio?

Divide the natural gas, us price per Million British Thermal Units 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 Million British Thermal Units of natural gas, us.

What is the inverse of the natural gas, us to magnesium ratio?

The inverse, magnesium to natural gas, us, is 6057 — how many Million British Thermal Unitss of natural gas, us one Metric Ton of magnesium buys.