Commodity ratio · live

Platinum to Polyethylene Ratio

The platinum to polyethylene ratio is 0.2402 Platinum at $1,887.02 per Troy Ounce divided by Polyethylene at $7,856.00 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.

Troy Ounce

Platinum to Polyethylene ratio

0.2402+29.21% / 1Y

1.000 T.oz of platinum = 0.2402 T of polyethylene

Inverse (POL/PL): 4.163 — one Metric Ton of polyethylene buys that much platinum.

Close to the middle of its 1 year range. (55th percentile of the last 1 year)

Platinum

$1,887.02

per Troy Ounce

Polyethylene

¥7,856.00

per Metric Ton

Unit basis: USD per Troy Ounce ÷ CNY per Metric Ton. The ratio reads as Metric Tons of polyethylene per Troy Ounce of platinum. Prices as of Mon, 24 Aug 2026 10:23:00 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

0.2543

median 0.2365

1Y low

0.1797

Aug 26, 2025

1Y high

0.4331

Jan 26, 2026

Normal band

0.2028–0.3059

mean ± 1 std dev

Deviation from mean

-0.27σ

292 observations

Platinum to Polyethylene ratio charts

Pick a range once — it applies to the PL/POL ratio line, the OHLC candles and the Platinum / Polyethylene price chart below.

PL/POL ratio line

How many T of Polyethylene one T.oz of Platinum buys, over 1Y.

PL/POL ratio candles

Open, high, low and close of the PL/POL ratio for each period in the last 1Y.

Platinum and Polyethylene 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 polyethylene ratio

Platinum to Polyethylene ratio = Platinum price per Troy Ounce ÷ Polyethylene price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of polyethylene per Troy Ounce of platinum — rather than a plain count.

Worked example, live prices: $1,887.02 ÷ $7,856.00 = 0.2402. The inverse is 4.163.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the platinum to polyethylene ratio today?

The platinum to polyethylene ratio is 0.2402 — Platinum at $1,887.02 per Troy Ounce divided by Polyethylene at $7,856.00 per Metric Ton, from live mid-market prices.

How do you calculate the platinum to polyethylene ratio?

Divide the platinum price per Troy Ounce by the polyethylene 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 polyethylene per Troy Ounce of platinum.

What is the inverse of the platinum to polyethylene ratio?

The inverse, polyethylene to platinum, is 4.163 — how many Troy Ounces of platinum one Metric Ton of polyethylene buys.

Platinum to Polyethylene Ratio — 0.2402 Today | CommodityPriceAPI