Commodity ratio · live
Cocoa to Natural Gas Futures Ratio
The cocoa to natural gas futures ratio is 2095 — Cocoa at $5,907.62 per Metric Ton divided by Natural Gas Futures at $2.82 per Million British Thermal Units.
Prices as of Aug 24, 2026, 12:16 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cocoa to Natural Gas Futures ratio
1.000 T of cocoa = 2,094.9 MMBtu of natural gas futures
Inverse (NG-FUT/CC): 0.0004773 — one Million British Thermal Units of natural gas futures buys that much cocoa.
Above its 1 year average. (87th percentile of the last 1 year)
Cocoa
$5,907.62
per Metric Ton
Natural Gas Futures
$2.82
per Million British Thermal Units
Unit basis: USD per Metric Ton ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas futures per Metric Ton of cocoa. Prices as of Mon, 24 Aug 2026 12:16:44 GMT.
1Y average
1505
median 1388
1Y low
0.2022
Nov 25, 2025
1Y high
3030
Aug 24, 2025
Normal band
1079–1930
mean ± 1 std dev
Deviation from mean
+1.39σ
351 observations
Cocoa to Natural Gas Futures ratio charts
Pick a range once — it applies to the CC/NG-FUT ratio line, the OHLC candles and the Cocoa / Natural Gas Futures price chart below.
CC/NG-FUT ratio line
How many MMBtu of Natural Gas Futures one T of Cocoa buys, over 1Y.
CC/NG-FUT ratio candles
Open, high, low and close of the CC/NG-FUT ratio for each period in the last 1Y.
Cocoa and Natural Gas 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 natural gas futures ratio
Cocoa to Natural Gas Futures ratio = Cocoa price per Metric Ton ÷ Natural Gas Futures price per Million British Thermal Units
The two legs use different units, so the result is a rate — Million British Thermal Unitss of natural gas futures per Metric Ton of cocoa — rather than a plain count.
Worked example, live prices: $5,907.62 ÷ $2.82 = 2095. The inverse is 0.0004773.
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 natural gas futures ratio today?
The cocoa to natural gas futures ratio is 2095 — Cocoa at $5,907.62 per Metric Ton divided by Natural Gas Futures at $2.82 per Million British Thermal Units, from live mid-market prices.
How do you calculate the cocoa to natural gas futures ratio?
Divide the cocoa price per Metric Ton by the natural gas futures price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas futures per Metric Ton of cocoa.
What is the inverse of the cocoa to natural gas futures ratio?
The inverse, natural gas futures to cocoa, is 0.0004773 — how many Metric Tons of cocoa one Million British Thermal Units of natural gas futures buys.