Commodity ratio · live
Platinum to Canola Ratio
The platinum to canola ratio is 2.386 — Platinum at $1,884.92 per Troy Ounce divided by Canola at $789.90 per Metric Ton.
Prices as of Aug 24, 2026, 10:26 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Platinum to Canola ratio
1.000 T.oz of platinum = 2.386 T of canola
Inverse (CANOLA/PL): 0.4191 — one Metric Ton of canola buys that much platinum.
Close to the middle of its 1 year range. (33th percentile of the last 1 year)
Platinum
$1,884.92
per Troy Ounce
Canola
CA$789.90
per Metric Ton
Unit basis: USD per Troy Ounce ÷ CAD per Metric Ton. The ratio reads as Metric Tons of canola per Troy Ounce of platinum. Prices as of Mon, 24 Aug 2026 10:26:41 GMT.
These two commodities are quoted in different currencies (USD and CAD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
2.689
median 2.607
1Y low
1.870
Jul 24, 2026
1Y high
4.513
Jan 26, 2026
Normal band
2.171–3.207
mean ± 1 std dev
Deviation from mean
-0.58σ
312 observations
Platinum to Canola ratio charts
Pick a range once — it applies to the PL/CANOLA ratio line, the OHLC candles and the Platinum / Canola price chart below.
PL/CANOLA ratio line
How many T of Canola one T.oz of Platinum buys, over 1Y.
PL/CANOLA ratio candles
Open, high, low and close of the PL/CANOLA ratio for each period in the last 1Y.
Platinum and Canola 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 canola ratio
Platinum to Canola ratio = Platinum price per Troy Ounce ÷ Canola price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of canola per Troy Ounce of platinum — rather than a plain count.
Worked example, live prices: $1,884.92 ÷ $789.90 = 2.386. The inverse is 0.4191.
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 platinum to canola ratio today?
The platinum to canola ratio is 2.386 — Platinum at $1,884.92 per Troy Ounce divided by Canola at $789.90 per Metric Ton, from live mid-market prices.
How do you calculate the platinum to canola ratio?
Divide the platinum price per Troy Ounce by the canola 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 canola per Troy Ounce of platinum.
What is the inverse of the platinum to canola ratio?
The inverse, canola to platinum, is 0.4191 — how many Troy Ounces of platinum one Metric Ton of canola buys.