Commodity ratio · live
Polyethylene to Magnesium Ratio
The polyethylene to magnesium ratio is 0.4649 — Polyethylene at $7,856.00 per Metric Ton divided by Magnesium at $16,900.00 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 Magnesium ratio
1.000 T of polyethylene = 0.4649 T of magnesium
Inverse (MG/POL): 2.151 — one Metric Ton of magnesium buys that much polyethylene.
Above its 1 year average. (86th percentile of the last 1 year)
Polyethylene
¥7,856.00
per Metric Ton
Magnesium
¥16,900.00
per Metric Ton
Unit basis: CNY per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Metric Ton of polyethylene. Prices as of Mon, 24 Aug 2026 11:15:55 GMT.
1Y average
0.4215
median 0.4040
1Y low
0.3607
Jan 11, 2026
1Y high
0.5219
Mar 22, 2026
Normal band
0.3857–0.4574
mean ± 1 std dev
Deviation from mean
+1.21σ
341 observations
Polyethylene to Magnesium ratio charts
Pick a range once — it applies to the POL/MG ratio line, the OHLC candles and the Polyethylene / Magnesium price chart below.
POL/MG ratio line
How many T of Magnesium one T of Polyethylene buys, over 1Y.
POL/MG ratio candles
Open, high, low and close of the POL/MG ratio for each period in the last 1Y.
Polyethylene and Magnesium 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 magnesium ratio
Polyethylene to Magnesium ratio = Polyethylene price per Metric Ton ÷ Magnesium 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 ÷ $16,900.00 = 0.4649. The inverse is 2.151.
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 magnesium ratio today?
The polyethylene to magnesium ratio is 0.4649 — Polyethylene at $7,856.00 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the polyethylene to magnesium ratio?
Divide the polyethylene price per Metric Ton by the magnesium 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 magnesium per Metric Ton of polyethylene.
What is the inverse of the polyethylene to magnesium ratio?
The inverse, magnesium to polyethylene, is 2.151 — how many Metric Tons of polyethylene one Metric Ton of magnesium buys.