Commodity ratio · live
Cocoa to Heating Oil Futures Ratio
The cocoa to heating oil futures ratio is 1342 — Cocoa at $5,905.57 per Metric Ton divided by Heating Oil Futures at $4.40 per Gallan.
Prices as of Aug 24, 2026, 12:17 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cocoa to Heating Oil Futures ratio
1.000 T of cocoa = 1,342.2 Gal of heating oil futures
Inverse (HO-FUT/CC): 0.0007451 — one Gallan of heating oil futures buys that much cocoa.
Close to the middle of its 1 year range. (41th percentile of the last 1 year)
Cocoa
$5,905.57
per Metric Ton
Heating Oil Futures
$4.40
per Gallan
Unit basis: USD per Metric Ton ÷ USD per Gallan. The ratio reads as Gallans of heating oil futures per Metric Ton of cocoa. Prices as of Mon, 24 Aug 2026 12:17:13 GMT.
1Y average
1707
median 1527
1Y low
0.3840
Nov 25, 2025
1Y high
3513
Aug 24, 2025
Normal band
941.8–2473
mean ± 1 std dev
Deviation from mean
-0.48σ
327 observations
Cocoa to Heating Oil Futures ratio charts
Pick a range once — it applies to the CC/HO-FUT ratio line, the OHLC candles and the Cocoa / Heating Oil Futures price chart below.
CC/HO-FUT ratio line
How many Gal of Heating Oil Futures one T of Cocoa buys, over 1Y.
CC/HO-FUT ratio candles
Open, high, low and close of the CC/HO-FUT ratio for each period in the last 1Y.
Cocoa and Heating Oil Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the cocoa to heating oil futures ratio
Cocoa to Heating Oil Futures ratio = Cocoa price per Metric Ton ÷ Heating Oil Futures price per Gallan
The two legs use different units, so the result is a rate — Gallans of heating oil futures per Metric Ton of cocoa — rather than a plain count.
Worked example, live prices: $5,905.57 ÷ $4.40 = 1342. The inverse is 0.0007451.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the cocoa to heating oil futures ratio today?
The cocoa to heating oil futures ratio is 1342 — Cocoa at $5,905.57 per Metric Ton divided by Heating Oil Futures at $4.40 per Gallan, from live mid-market prices.
How do you calculate the cocoa to heating oil futures ratio?
Divide the cocoa price per Metric Ton by the heating oil futures price per Gallan. If the two units differ, the result is a rate rather than a plain count — read it as Gallans of heating oil futures per Metric Ton of cocoa.
What is the inverse of the cocoa to heating oil futures ratio?
The inverse, heating oil futures to cocoa, is 0.0007451 — how many Metric Tons of cocoa one Gallan of heating oil futures buys.