Commodity ratio · live

Tellurium to Magnesium Ratio

The tellurium to magnesium ratio is 0.04763 Tellurium at $805.00 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton.

Prices as of Aug 24, 2026, 12:09 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Tellurium to Magnesium ratio

0.04763+46.97% / 1Y

1.000 T of tellurium = 0.04763 T of magnesium

Inverse (MG/TEL): 20.99 — one Metric Ton of magnesium buys that much tellurium.

Above its 1 year average. (90th percentile of the last 1 year)

Tellurium

$805.00

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 tellurium. Prices as of Mon, 24 Aug 2026 12:09:00 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

0.04264

median 0.04379

1Y low

0.03161

Aug 26, 2025

1Y high

0.04970

Jul 5, 2026

Normal band

0.03798–0.04730

mean ± 1 std dev

Deviation from mean

+1.07σ

342 observations

Tellurium to Magnesium ratio charts

Pick a range once — it applies to the TEL/MG ratio line, the OHLC candles and the Tellurium / Magnesium price chart below.

TEL/MG ratio line

How many T of Magnesium one T of Tellurium buys, over 1Y.

TEL/MG ratio candles

Open, high, low and close of the TEL/MG ratio for each period in the last 1Y.

Tellurium 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 tellurium to magnesium ratio

Tellurium to Magnesium ratio = Tellurium 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 tellurium — rather than a plain count.

Worked example, live prices: $805.00 ÷ $16,900.00 = 0.04763. The inverse is 20.99.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the tellurium to magnesium ratio today?

The tellurium to magnesium ratio is 0.04763 — Tellurium at $805.00 per Metric Ton divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.

How do you calculate the tellurium to magnesium ratio?

Divide the tellurium 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 tellurium.

What is the inverse of the tellurium to magnesium ratio?

The inverse, magnesium to tellurium, is 20.99 — how many Metric Tons of tellurium one Metric Ton of magnesium buys.

Tellurium to Magnesium Ratio — 0.04763 Today | CommodityPriceAPI