Commodity ratio · live
Wool to Bitumen Ratio
The wool to bitumen ratio is 0.3988 — Wool at $1,812.00 per 100 Kilogram divided by Bitumen at $4,544.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:15 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wool to Bitumen ratio
1.000 100 Kg of wool = 0.3988 T of bitumen
Inverse (BIT/WOOL): 2.508 — one Metric Ton of bitumen buys that much wool.
Below its 1 year average. (12th percentile of the last 1 year)
Wool
AU$1,812.00
per 100 Kilogram
Bitumen
¥4,544.00
per Metric Ton
Unit basis: AUD per 100 Kilogram ÷ CNY per Metric Ton. The ratio reads as Metric Tons of bitumen per 100 Kilogram of wool. Prices as of Mon, 24 Aug 2026 11:15:36 GMT.
These two commodities are quoted in different currencies (AUD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.4530
median 0.4586
1Y low
0.02261
May 4, 2026
1Y high
0.5401
Dec 16, 2025
Normal band
0.3930–0.5129
mean ± 1 std dev
Deviation from mean
-0.90σ
311 observations
Wool to Bitumen ratio charts
Pick a range once — it applies to the WOOL/BIT ratio line, the OHLC candles and the Wool / Bitumen price chart below.
WOOL/BIT ratio line
How many T of Bitumen one 100 Kg of Wool buys, over 1Y.
WOOL/BIT ratio candles
Open, high, low and close of the WOOL/BIT ratio for each period in the last 1Y.
Wool and Bitumen prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the wool to bitumen ratio
Wool to Bitumen ratio = Wool price per 100 Kilogram ÷ Bitumen price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of bitumen per 100 Kilogram of wool — rather than a plain count.
Worked example, live prices: $1,812.00 ÷ $4,544.00 = 0.3988. The inverse is 2.508.
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 wool to bitumen ratio today?
The wool to bitumen ratio is 0.3988 — Wool at $1,812.00 per 100 Kilogram divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.
How do you calculate the wool to bitumen ratio?
Divide the wool price per 100 Kilogram by the bitumen 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 bitumen per 100 Kilogram of wool.
What is the inverse of the wool to bitumen ratio?
The inverse, bitumen to wool, is 2.508 — how many 100 Kilograms of wool one Metric Ton of bitumen buys.