Commodity ratio · live
Polypropylene to Magnesium Ratio
The polypropylene to magnesium ratio is 0.4792 — Polypropylene at $8,099.00 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:18 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Polypropylene to Magnesium ratio
1.000 T of polypropylene = 0.4792 T of magnesium
Inverse (MG/PYL): 2.087 — one Metric Ton of magnesium buys that much polypropylene.
Above its 1 year average. (70th percentile of the last 1 year)
Polypropylene
¥8,099.00
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 polypropylene. Prices as of Mon, 24 Aug 2026 11:18:41 GMT.
1Y average
0.4256
median 0.3864
1Y low
0.3536
Jan 11, 2026
1Y high
0.5347
Mar 22, 2026
Normal band
0.3708–0.4804
mean ± 1 std dev
Deviation from mean
+0.98σ
342 observations
Polypropylene to Magnesium ratio charts
Pick a range once — it applies to the PYL/MG ratio line, the OHLC candles and the Polypropylene / Magnesium price chart below.
PYL/MG ratio line
How many T of Magnesium one T of Polypropylene buys, over 1Y.
PYL/MG ratio candles
Open, high, low and close of the PYL/MG ratio for each period in the last 1Y.
Polypropylene 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 polypropylene to magnesium ratio
Polypropylene to Magnesium ratio = Polypropylene 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: $8,099.00 ÷ $16,900.00 = 0.4792. The inverse is 2.087.
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 polypropylene to magnesium ratio today?
The polypropylene to magnesium ratio is 0.4792 — Polypropylene at $8,099.00 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the polypropylene to magnesium ratio?
Divide the polypropylene 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 polypropylene.
What is the inverse of the polypropylene to magnesium ratio?
The inverse, magnesium to polypropylene, is 2.087 — how many Metric Tons of polypropylene one Metric Ton of magnesium buys.