Commodity ratio · live
Cocoa to Nickel Futures Ratio
The cocoa to nickel futures ratio is 0.3441 — Cocoa at $5,881.50 per Metric Ton divided by Nickel Futures at $17,090.63 per Metric Ton.
Prices as of Aug 24, 2026, 12:19 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cocoa to Nickel Futures ratio
1.000 T of cocoa = 0.3441 T of nickel futures
Inverse (NICKEL-FUT/CC): 2.906 — one Metric Ton of nickel futures buys that much cocoa.
Close to the middle of its 1 year range. (59th percentile of the last 1 year)
Cocoa
$5,881.50
per Metric Ton
Nickel Futures
$17,090.63
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Metric Ton of cocoa. Prices as of Mon, 24 Aug 2026 12:19:47 GMT.
1Y average
0.3035
median 0.3076
1Y low
0.00006113
Nov 25, 2025
1Y high
0.5302
Aug 24, 2025
Normal band
0.2048–0.4021
mean ± 1 std dev
Deviation from mean
+0.41σ
358 observations
Cocoa to Nickel Futures ratio charts
Pick a range once — it applies to the CC/NICKEL-FUT ratio line, the OHLC candles and the Cocoa / Nickel Futures price chart below.
CC/NICKEL-FUT ratio line
How many T of Nickel Futures one T of Cocoa buys, over 1Y.
CC/NICKEL-FUT ratio candles
Open, high, low and close of the CC/NICKEL-FUT ratio for each period in the last 1Y.
Cocoa 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 cocoa to nickel futures ratio
Cocoa to Nickel Futures ratio = Cocoa price per Metric Ton ÷ Nickel Futures price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $5,881.50 ÷ $17,090.63 = 0.3441. The inverse is 2.906.
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 nickel futures ratio today?
The cocoa to nickel futures ratio is 0.3441 — Cocoa at $5,881.50 per Metric Ton divided by Nickel Futures at $17,090.63 per Metric Ton, from live mid-market prices.
How do you calculate the cocoa to nickel futures ratio?
Divide the cocoa 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 cocoa.
What is the inverse of the cocoa to nickel futures ratio?
The inverse, nickel futures to cocoa, is 2.906 — how many Metric Tons of cocoa one Metric Ton of nickel futures buys.