Commodity ratio · live
TTF Gas to Magnesium Ratio
The ttf gas to magnesium ratio is 0.003963 — TTF Gas at $66.97 per Megawatt Hour divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
TTF Gas to Magnesium ratio
1.000 MWh of ttf gas = 0.003963 T of magnesium
Inverse (MG/TTF-GAS): 252.4 — one Metric Ton of magnesium buys that much ttf gas.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
TTF Gas
€66.97
per Megawatt Hour
Magnesium
¥16,900.00
per Metric Ton
Unit basis: EUR per Megawatt Hour ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Megawatt Hour of ttf gas. Prices as of Mon, 24 Aug 2026 10:32:56 GMT.
These two commodities are quoted in different currencies (EUR and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.002372
median 0.002306
1Y low
0.001524
Jan 11, 2026
1Y high
0.004217
Mar 19, 2026
Normal band
0.001745–0.002999
mean ± 1 std dev
Deviation from mean
+2.54σ
333 observations
TTF Gas to Magnesium ratio charts
Pick a range once — it applies to the TTF-GAS/MG ratio line, the OHLC candles and the TTF Gas / Magnesium price chart below.
TTF-GAS/MG ratio line
How many T of Magnesium one MWh of TTF Gas buys, over 1Y.
TTF-GAS/MG ratio candles
Open, high, low and close of the TTF-GAS/MG ratio for each period in the last 1Y.
TTF Gas 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 ttf gas to magnesium ratio
TTF Gas to Magnesium ratio = TTF Gas price per Megawatt Hour ÷ Magnesium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of magnesium per Megawatt Hour of ttf gas — rather than a plain count.
Worked example, live prices: $66.97 ÷ $16,900.00 = 0.003963. The inverse is 252.4.
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 ttf gas to magnesium ratio today?
The ttf gas to magnesium ratio is 0.003963 — TTF Gas at $66.97 per Megawatt Hour divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the ttf gas to magnesium ratio?
Divide the ttf gas price per Megawatt Hour 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 Megawatt Hour of ttf gas.
What is the inverse of the ttf gas to magnesium ratio?
The inverse, magnesium to ttf gas, is 252.4 — how many Megawatt Hours of ttf gas one Metric Ton of magnesium buys.