Commodity ratio · live
Aluminium Futures to Wheat Futures Ratio
The aluminium futures to wheat futures ratio is 4.657 — Aluminium Futures at $3,229.15 per Metric Ton divided by Wheat Futures at $693.39 per Ounce.
Prices as of Aug 24, 2026, 10:38 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Aluminium Futures to Wheat Futures ratio
1.000 T of aluminium futures = 4.657 Oz of wheat futures
Inverse (ZW-FUT/AL-FUT): 0.2147 — one Ounce of wheat futures buys that much aluminium futures.
Near the bottom of its 1 year range — historically compressed. (2th percentile of the last 1 year)
Aluminium Futures
$3,229.15
per Metric Ton
Wheat Futures
$693.39
per Ounce
Unit basis: USD per Metric Ton ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Metric Ton of aluminium futures. Prices as of Mon, 24 Aug 2026 10:38:02 GMT.
1Y average
5.522
median 5.532
1Y low
4.452
Jul 22, 2026
1Y high
6.451
Jun 2, 2026
Normal band
5.131–5.913
mean ± 1 std dev
Deviation from mean
-2.21σ
325 observations
Aluminium Futures to Wheat Futures ratio charts
Pick a range once — it applies to the AL-FUT/ZW-FUT ratio line, the OHLC candles and the Aluminium Futures / Wheat Futures price chart below.
AL-FUT/ZW-FUT ratio line
How many Oz of Wheat Futures one T of Aluminium Futures buys, over 1Y.
AL-FUT/ZW-FUT ratio candles
Open, high, low and close of the AL-FUT/ZW-FUT ratio for each period in the last 1Y.
Aluminium Futures and Wheat Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the aluminium futures to wheat futures ratio
Aluminium Futures to Wheat Futures ratio = Aluminium Futures price per Metric Ton ÷ Wheat Futures price per Ounce
The two legs use different units, so the result is a rate — Ounces of wheat futures per Metric Ton of aluminium futures — rather than a plain count.
Worked example, live prices: $3,229.15 ÷ $693.39 = 4.657. The inverse is 0.2147.
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 aluminium futures to wheat futures ratio today?
The aluminium futures to wheat futures ratio is 4.657 — Aluminium Futures at $3,229.15 per Metric Ton divided by Wheat Futures at $693.39 per Ounce, from live mid-market prices.
How do you calculate the aluminium futures to wheat futures ratio?
Divide the aluminium futures price per Metric Ton by the wheat futures price per Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Ounces of wheat futures per Metric Ton of aluminium futures.
What is the inverse of the aluminium futures to wheat futures ratio?
The inverse, wheat futures to aluminium futures, is 0.2147 — how many Metric Tons of aluminium futures one Ounce of wheat futures buys.