Commodity ratio · live
Rough Rice Futures to Magnesium Ratio
The rough rice futures to magnesium ratio is 0.0008698 — Rough Rice Futures at $14.70 per Hundredweight divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 12:14 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Rough Rice Futures to Magnesium ratio
1.000 Cwt of rough rice futures = 0.0008698 T of magnesium
Inverse (MG/RR-FUT): 1150 — one Metric Ton of magnesium buys that much rough rice futures.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
Rough Rice Futures
$14.70
per Hundredweight
Magnesium
¥16,900.00
per Metric Ton
Unit basis: USD per Hundredweight ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Hundredweight of rough rice futures. Prices as of Mon, 24 Aug 2026 12:14:31 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
0.0006614
median 0.0006289
1Y low
0.0005448
Jan 12, 2026
1Y high
0.0008762
Aug 21, 2026
Normal band
0.0005787–0.0007441
mean ± 1 std dev
Deviation from mean
+2.52σ
334 observations
Rough Rice Futures to Magnesium ratio charts
Pick a range once — it applies to the RR-FUT/MG ratio line, the OHLC candles and the Rough Rice Futures / Magnesium price chart below.
RR-FUT/MG ratio line
How many T of Magnesium one Cwt of Rough Rice Futures buys, over 1Y.
RR-FUT/MG ratio candles
Open, high, low and close of the RR-FUT/MG ratio for each period in the last 1Y.
Rough Rice Futures 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 rough rice futures to magnesium ratio
Rough Rice Futures to Magnesium ratio = Rough Rice Futures price per Hundredweight ÷ Magnesium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of magnesium per Hundredweight of rough rice futures — rather than a plain count.
Worked example, live prices: $14.70 ÷ $16,900.00 = 0.0008698. The inverse is 1150.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the rough rice futures to magnesium ratio today?
The rough rice futures to magnesium ratio is 0.0008698 — Rough Rice Futures at $14.70 per Hundredweight divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the rough rice futures to magnesium ratio?
Divide the rough rice futures price per Hundredweight 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 Hundredweight of rough rice futures.
What is the inverse of the rough rice futures to magnesium ratio?
The inverse, magnesium to rough rice futures, is 1150 — how many Hundredweights of rough rice futures one Metric Ton of magnesium buys.