Commodity ratio · live
Polyethylene to Bitumen Ratio
The polyethylene to bitumen ratio is 1.729 — Polyethylene at $7,856.00 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.
Polyethylene to Bitumen ratio
1.000 T of polyethylene = 1.729 T of bitumen
Inverse (BIT/POL): 0.5784 — one Metric Ton of bitumen buys that much polyethylene.
Near the bottom of its 1 year range — historically compressed. (2th percentile of the last 1 year)
Polyethylene
¥7,856.00
per Metric Ton
Bitumen
¥4,544.00
per Metric Ton
Unit basis: CNY per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of bitumen per Metric Ton of polyethylene. Prices as of Mon, 24 Aug 2026 11:15:34 GMT.
1Y average
2.008
median 2.030
1Y low
1.687
Jun 30, 2026
1Y high
2.361
Mar 8, 2026
Normal band
1.859–2.158
mean ± 1 std dev
Deviation from mean
-1.87σ
295 observations
Polyethylene to Bitumen ratio charts
Pick a range once — it applies to the POL/BIT ratio line, the OHLC candles and the Polyethylene / Bitumen price chart below.
POL/BIT ratio line
How many T of Bitumen one T of Polyethylene buys, over 1Y.
POL/BIT ratio candles
Open, high, low and close of the POL/BIT ratio for each period in the last 1Y.
Polyethylene 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 polyethylene to bitumen ratio
Polyethylene to Bitumen ratio = Polyethylene price per Metric Ton ÷ Bitumen price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $7,856.00 ÷ $4,544.00 = 1.729. The inverse is 0.5784.
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 polyethylene to bitumen ratio today?
The polyethylene to bitumen ratio is 1.729 — Polyethylene at $7,856.00 per Metric Ton divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.
How do you calculate the polyethylene to bitumen ratio?
Divide the polyethylene 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 polyethylene.
What is the inverse of the polyethylene to bitumen ratio?
The inverse, bitumen to polyethylene, is 0.5784 — how many Metric Tons of polyethylene one Metric Ton of bitumen buys.