Commodity ratio · live
Bitumen to Nickel Futures Ratio
The bitumen to nickel futures ratio is 0.2673 — Bitumen at $4,544.00 per Metric Ton divided by Nickel Futures at $16,999.88 per Metric Ton.
Prices as of Aug 24, 2026, 11:28 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Bitumen to Nickel Futures ratio
1.000 T of bitumen = 0.2673 T of nickel futures
Inverse (NICKEL-FUT/BIT): 3.741 — one Metric Ton of nickel futures buys that much bitumen.
Near the top of its 1 year range — historically stretched. (99th percentile of the last 1 year)
Bitumen
¥4,544.00
per Metric Ton
Nickel Futures
$16,999.88
per Metric Ton
Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Metric Ton of bitumen. Prices as of Mon, 24 Aug 2026 11:28:58 GMT.
These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.2204
median 0.2240
1Y low
0.1668
Jan 15, 2026
1Y high
0.2809
Mar 18, 2026
Normal band
0.1969–0.2439
mean ± 1 std dev
Deviation from mean
+1.99σ
313 observations
Bitumen to Nickel Futures ratio charts
Pick a range once — it applies to the BIT/NICKEL-FUT ratio line, the OHLC candles and the Bitumen / Nickel Futures price chart below.
BIT/NICKEL-FUT ratio line
How many T of Nickel Futures one T of Bitumen buys, over 1Y.
BIT/NICKEL-FUT ratio candles
Open, high, low and close of the BIT/NICKEL-FUT ratio for each period in the last 1Y.
Bitumen and Nickel Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the bitumen to nickel futures ratio
Bitumen to Nickel Futures ratio = Bitumen price per Metric Ton ÷ Nickel Futures price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of nickel futures per Metric Ton of bitumen — rather than a plain count.
Worked example, live prices: $4,544.00 ÷ $16,999.88 = 0.2673. The inverse is 3.741.
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 bitumen to nickel futures ratio today?
The bitumen to nickel futures ratio is 0.2673 — Bitumen at $4,544.00 per Metric Ton divided by Nickel Futures at $16,999.88 per Metric Ton, from live mid-market prices.
How do you calculate the bitumen to nickel futures ratio?
Divide the bitumen price per Metric Ton by the nickel futures 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 nickel futures per Metric Ton of bitumen.
What is the inverse of the bitumen to nickel futures ratio?
The inverse, nickel futures to bitumen, is 3.741 — how many Metric Tons of bitumen one Metric Ton of nickel futures buys.