Commodity ratio · live
Palm Oil to Bitumen Ratio
The palm oil to bitumen ratio is 1.089 — Palm Oil at $4,947.00 per Metric Ton 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.
Palm Oil to Bitumen ratio
1.000 T of palm oil = 1.089 T of bitumen
Inverse (BIT/PO): 0.9185 — one Metric Ton of bitumen buys that much palm oil.
Below its 1 year average. (21th percentile of the last 1 year)
Palm Oil
MYR4,947.00
per Metric Ton
Bitumen
¥4,544.00
per Metric Ton
Unit basis: MYR per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of bitumen per Metric Ton of palm oil. Prices as of Mon, 24 Aug 2026 11:15:52 GMT.
These two commodities are quoted in different currencies (MYR and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
1.204
median 1.208
1Y low
0.9541
Mar 26, 2026
1Y high
1.447
Oct 20, 2025
Normal band
1.080–1.328
mean ± 1 std dev
Deviation from mean
-0.93σ
308 observations
Palm Oil to Bitumen ratio charts
Pick a range once — it applies to the PO/BIT ratio line, the OHLC candles and the Palm Oil / Bitumen price chart below.
PO/BIT ratio line
How many T of Bitumen one T of Palm Oil buys, over 1Y.
PO/BIT ratio candles
Open, high, low and close of the PO/BIT ratio for each period in the last 1Y.
Palm Oil 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 palm oil to bitumen ratio
Palm Oil to Bitumen ratio = Palm Oil price per Metric Ton ÷ Bitumen price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of bitumen per Metric Ton of palm oil — rather than a plain count.
Worked example, live prices: $4,947.00 ÷ $4,544.00 = 1.089. The inverse is 0.9185.
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 palm oil to bitumen ratio today?
The palm oil to bitumen ratio is 1.089 — Palm Oil at $4,947.00 per Metric Ton divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.
How do you calculate the palm oil to bitumen ratio?
Divide the palm oil price per Metric Ton 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 Metric Ton of palm oil.
What is the inverse of the palm oil to bitumen ratio?
The inverse, bitumen to palm oil, is 0.9185 — how many Metric Tons of palm oil one Metric Ton of bitumen buys.