Commodity ratio · live
Palladium to Bitumen Ratio
The palladium to bitumen ratio is 0.2978 — Palladium at $1,353.10 per Troy Ounce divided by Bitumen at $4,544.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:23 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Palladium to Bitumen ratio
1.000 T.oz of palladium = 0.2978 T of bitumen
Inverse (BIT/PA): 3.358 — one Metric Ton of bitumen buys that much palladium.
Near the bottom of its 1 year range — historically compressed. (6th percentile of the last 1 year)
Palladium
$1,353.10
per Troy Ounce
Bitumen
¥4,544.00
per Metric Ton
Unit basis: USD per Troy Ounce ÷ CNY per Metric Ton. The ratio reads as Metric Tons of bitumen per Troy Ounce of palladium. Prices as of Mon, 24 Aug 2026 10:23:31 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
0.4047
median 0.3642
1Y low
0.2571
Jun 10, 2026
1Y high
0.6657
Dec 28, 2025
Normal band
0.3076–0.5019
mean ± 1 std dev
Deviation from mean
-1.10σ
306 observations
Palladium to Bitumen ratio charts
Pick a range once — it applies to the PA/BIT ratio line, the OHLC candles and the Palladium / Bitumen price chart below.
PA/BIT ratio line
How many T of Bitumen one T.oz of Palladium buys, over 1Y.
PA/BIT ratio candles
Open, high, low and close of the PA/BIT ratio for each period in the last 1Y.
Palladium and Bitumen prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the palladium to bitumen ratio
Palladium to Bitumen ratio = Palladium price per Troy Ounce ÷ Bitumen price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of bitumen per Troy Ounce of palladium — rather than a plain count.
Worked example, live prices: $1,353.10 ÷ $4,544.00 = 0.2978. The inverse is 3.358.
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 palladium to bitumen ratio today?
The palladium to bitumen ratio is 0.2978 — Palladium at $1,353.10 per Troy Ounce divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.
How do you calculate the palladium to bitumen ratio?
Divide the palladium price per Troy Ounce by the bitumen 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 bitumen per Troy Ounce of palladium.
What is the inverse of the palladium to bitumen ratio?
The inverse, bitumen to palladium, is 3.358 — how many Troy Ounces of palladium one Metric Ton of bitumen buys.