Commodity ratio · live
Rapeseed Oil to Magnesium Ratio
The rapeseed oil to magnesium ratio is 0.03149 — Rapeseed Oil at $532.13 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:38 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Rapeseed Oil to Magnesium ratio
1.000 T of rapeseed oil = 0.03149 T of magnesium
Inverse (MG/RSO): 31.76 — one Metric Ton of magnesium buys that much rapeseed oil.
Near the top of its 1 year range — historically stretched. (90th percentile of the last 1 year)
Rapeseed Oil
$532.13
per Metric Ton
Magnesium
¥16,900.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Metric Ton of rapeseed oil. Prices as of Mon, 24 Aug 2026 10:38:25 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
0.02857
median 0.02814
1Y low
0.02521
Aug 24, 2025
1Y high
0.03410
Jul 24, 2026
Normal band
0.02676–0.03037
mean ± 1 std dev
Deviation from mean
+1.62σ
334 observations
Rapeseed Oil to Magnesium ratio charts
Pick a range once — it applies to the RSO/MG ratio line, the OHLC candles and the Rapeseed Oil / Magnesium price chart below.
RSO/MG ratio line
How many T of Magnesium one T of Rapeseed Oil buys, over 1Y.
RSO/MG ratio candles
Open, high, low and close of the RSO/MG ratio for each period in the last 1Y.
Rapeseed Oil 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 rapeseed oil to magnesium ratio
Rapeseed Oil to Magnesium ratio = Rapeseed Oil price per Metric Ton ÷ Magnesium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of magnesium per Metric Ton of rapeseed oil — rather than a plain count.
Worked example, live prices: $532.13 ÷ $16,900.00 = 0.03149. The inverse is 31.76.
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 rapeseed oil to magnesium ratio today?
The rapeseed oil to magnesium ratio is 0.03149 — Rapeseed Oil at $532.13 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the rapeseed oil to magnesium ratio?
Divide the rapeseed oil 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 rapeseed oil.
What is the inverse of the rapeseed oil to magnesium ratio?
The inverse, magnesium to rapeseed oil, is 31.76 — how many Metric Tons of rapeseed oil one Metric Ton of magnesium buys.