Commodity ratio · live
Propane to Bitumen Ratio
The propane to bitumen ratio is 0.0001651 — Propane at $0.7500 per Gallon 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.
Propane to Bitumen ratio
1.000 Gal of propane = 0.0001651 T of bitumen
Inverse (BIT/PROP): 6059 — one Metric Ton of bitumen buys that much propane.
Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)
Propane
$0.7500
per Gallon
Bitumen
¥4,544.00
per Metric Ton
Unit basis: USD per Gallon ÷ CNY per Metric Ton. The ratio reads as Metric Tons of bitumen per Gallon of propane. Prices as of Mon, 24 Aug 2026 11:15:29 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
0.0001954
median 0.0001952
1Y low
0.0001628
Jul 31, 2026
1Y high
0.0002455
Dec 5, 2025
Normal band
0.0001788–0.0002120
mean ± 1 std dev
Deviation from mean
-1.82σ
310 observations
Propane to Bitumen ratio charts
Pick a range once — it applies to the PROP/BIT ratio line, the OHLC candles and the Propane / Bitumen price chart below.
PROP/BIT ratio line
How many T of Bitumen one Gal of Propane buys, over 1Y.
PROP/BIT ratio candles
Open, high, low and close of the PROP/BIT ratio for each period in the last 1Y.
Propane 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 propane to bitumen ratio
Propane to Bitumen ratio = Propane price per Gallon ÷ Bitumen price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of bitumen per Gallon of propane — rather than a plain count.
Worked example, live prices: $0.7500 ÷ $4,544.00 = 0.0001651. The inverse is 6059.
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 propane to bitumen ratio today?
The propane to bitumen ratio is 0.0001651 — Propane at $0.7500 per Gallon divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.
How do you calculate the propane to bitumen ratio?
Divide the propane price per Gallon 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 Gallon of propane.
What is the inverse of the propane to bitumen ratio?
The inverse, bitumen to propane, is 6059 — how many Gallons of propane one Metric Ton of bitumen buys.