Commodity ratio · live

Canola to Nickel Futures Ratio

The canola to nickel futures ratio is 0.04617 Canola at $787.99 per Metric Ton divided by Nickel Futures at $17,065.63 per Metric Ton.

Prices as of Aug 24, 2026, 12:26 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Canola to Nickel Futures ratio

0.04617+13.83% / 1Y

1.000 T of canola = 0.04617 T of nickel futures

Inverse (NICKEL-FUT/CANOLA): 21.66 — one Metric Ton of nickel futures buys that much canola.

Near the top of its 1 year range — historically stretched. (90th percentile of the last 1 year)

Canola

CA$787.99

per Metric Ton

Nickel Futures

$17,065.63

per Metric Ton

Unit basis: CAD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Metric Ton of canola. Prices as of Mon, 24 Aug 2026 12:26:15 GMT.

These two commodities are quoted in different currencies (CAD and USD). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

0.04130

median 0.04090

1Y low

0.03250

Jan 6, 2026

1Y high

0.04978

Aug 16, 2026

Normal band

0.03815–0.04445

mean ± 1 std dev

Deviation from mean

+1.55σ

357 observations

Canola to Nickel Futures ratio charts

Pick a range once — it applies to the CANOLA/NICKEL-FUT ratio line, the OHLC candles and the Canola / Nickel Futures price chart below.

CANOLA/NICKEL-FUT ratio line

How many T of Nickel Futures one T of Canola buys, over 1Y.

CANOLA/NICKEL-FUT ratio candles

Open, high, low and close of the CANOLA/NICKEL-FUT ratio for each period in the last 1Y.

Canola 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 canola to nickel futures ratio

Canola to Nickel Futures ratio = Canola 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 canola — rather than a plain count.

Worked example, live prices: $787.99 ÷ $17,065.63 = 0.04617. The inverse is 21.66.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the canola to nickel futures ratio today?

The canola to nickel futures ratio is 0.04617 — Canola at $787.99 per Metric Ton divided by Nickel Futures at $17,065.63 per Metric Ton, from live mid-market prices.

How do you calculate the canola to nickel futures ratio?

Divide the canola 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 canola.

What is the inverse of the canola to nickel futures ratio?

The inverse, nickel futures to canola, is 21.66 — how many Metric Tons of canola one Metric Ton of nickel futures buys.

Canola to Nickel Futures Ratio — 0.04617 Today | CommodityPriceAPI