Commodity ratio · live
Platinum to Bitumen Ratio
The platinum to bitumen ratio is 0.4145 — Platinum at $1,883.42 per Troy Ounce divided by Bitumen at $4,544.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:15 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Platinum to Bitumen ratio
1.000 T.oz of platinum = 0.4145 T of bitumen
Inverse (BIT/PL): 2.413 — one Metric Ton of bitumen buys that much platinum.
Below its 1 year average. (24th percentile of the last 1 year)
Platinum
$1,883.42
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 platinum. Prices as of Mon, 24 Aug 2026 11:15:41 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
0.5086
median 0.4794
1Y low
0.3540
Jun 10, 2026
1Y high
0.8936
Jan 26, 2026
Normal band
0.3935–0.6237
mean ± 1 std dev
Deviation from mean
-0.82σ
306 observations
Platinum to Bitumen ratio charts
Pick a range once — it applies to the PL/BIT ratio line, the OHLC candles and the Platinum / Bitumen price chart below.
PL/BIT ratio line
How many T of Bitumen one T.oz of Platinum buys, over 1Y.
PL/BIT ratio candles
Open, high, low and close of the PL/BIT ratio for each period in the last 1Y.
Platinum 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 platinum to bitumen ratio
Platinum to Bitumen ratio = Platinum 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 platinum — rather than a plain count.
Worked example, live prices: $1,883.42 ÷ $4,544.00 = 0.4145. The inverse is 2.413.
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 platinum to bitumen ratio today?
The platinum to bitumen ratio is 0.4145 — Platinum at $1,883.42 per Troy Ounce divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.
How do you calculate the platinum to bitumen ratio?
Divide the platinum 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 platinum.
What is the inverse of the platinum to bitumen ratio?
The inverse, bitumen to platinum, is 2.413 — how many Troy Ounces of platinum one Metric Ton of bitumen buys.