Commodity ratio · live
Cheese to Copper Futures Ratio
The cheese to copper futures ratio is 0.2432 — Cheese at $1.60 per Pound divided by Copper Futures at $6.58 per Pound.
Prices as of Aug 24, 2026, 11:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cheese to Copper Futures ratio
1.000 Lb of cheese = 0.2432 Lb of copper futures
Inverse (HG-FUT/CHE): 4.112 — one Pound of copper futures buys that much cheese.
Near the bottom of its 1 year range — historically compressed. (8th percentile of the last 1 year)
Cheese
$1.60
per Pound
Copper Futures
$6.58
per Pound
Unit basis: USD per Pound ÷ USD per Pound. The ratio reads as Pounds of copper futures per Pound of cheese. Prices as of Mon, 24 Aug 2026 11:29:55 GMT.
1Y average
0.2872
median 0.2723
1Y low
0.2194
Jan 28, 2026
1Y high
0.4182
Aug 31, 2025
Normal band
0.2439–0.3306
mean ± 1 std dev
Deviation from mean
-1.02σ
333 observations
Cheese to Copper Futures ratio charts
Pick a range once — it applies to the CHE/HG-FUT ratio line, the OHLC candles and the Cheese / Copper Futures price chart below.
CHE/HG-FUT ratio line
How many Lb of Copper Futures one Lb of Cheese buys, over 1Y.
CHE/HG-FUT ratio candles
Open, high, low and close of the CHE/HG-FUT ratio for each period in the last 1Y.
Cheese and Copper Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the cheese to copper futures ratio
Cheese to Copper Futures ratio = Cheese price per Pound ÷ Copper Futures price per Pound
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $1.60 ÷ $6.58 = 0.2432. The inverse is 4.112.
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 cheese to copper futures ratio today?
The cheese to copper futures ratio is 0.2432 — Cheese at $1.60 per Pound divided by Copper Futures at $6.58 per Pound, from live mid-market prices.
How do you calculate the cheese to copper futures ratio?
Divide the cheese price per Pound by the copper futures price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of copper futures per Pound of cheese.
What is the inverse of the cheese to copper futures ratio?
The inverse, copper futures to cheese, is 4.112 — how many Pounds of cheese one Pound of copper futures buys.