Commodity ratio · live
Wool to Magnesium Ratio
The wool to magnesium ratio is 0.1072 — Wool at $1,812.00 per 100 Kilogram divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:23 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wool to Magnesium ratio
1.000 100 Kg of wool = 0.1072 T of magnesium
Inverse (MG/WOOL): 9.327 — one Metric Ton of magnesium buys that much wool.
Above its 1 year average. (73th percentile of the last 1 year)
Wool
AU$1,812.00
per 100 Kilogram
Magnesium
¥16,900.00
per Metric Ton
Unit basis: AUD per 100 Kilogram ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per 100 Kilogram of wool. Prices as of Mon, 24 Aug 2026 10:23:29 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
0.09566
median 0.09638
1Y low
0.005618
May 4, 2026
1Y high
0.1177
Jun 24, 2026
Normal band
0.08074–0.1106
mean ± 1 std dev
Deviation from mean
+0.77σ
356 observations
Wool to Magnesium ratio charts
Pick a range once — it applies to the WOOL/MG ratio line, the OHLC candles and the Wool / Magnesium price chart below.
WOOL/MG ratio line
How many T of Magnesium one 100 Kg of Wool buys, over 1Y.
WOOL/MG ratio candles
Open, high, low and close of the WOOL/MG ratio for each period in the last 1Y.
Wool 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 wool to magnesium ratio
Wool to Magnesium ratio = Wool price per 100 Kilogram ÷ Magnesium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of magnesium per 100 Kilogram of wool — rather than a plain count.
Worked example, live prices: $1,812.00 ÷ $16,900.00 = 0.1072. The inverse is 9.327.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the wool to magnesium ratio today?
The wool to magnesium ratio is 0.1072 — Wool at $1,812.00 per 100 Kilogram divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the wool to magnesium ratio?
Divide the wool price per 100 Kilogram 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 100 Kilogram of wool.
What is the inverse of the wool to magnesium ratio?
The inverse, magnesium to wool, is 9.327 — how many 100 Kilograms of wool one Metric Ton of magnesium buys.