Commodity ratio · live

Chicken to Steel Ratio

The chicken to steel ratio is 0.0004142 Chicken at $1.27 per Kilogram divided by Steel at $3,066.00 per Metric Ton.

Prices as of Aug 24, 2026, 11:28 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Kilogram

Chicken to Steel ratio

0.0004142-1.01% / 1Y

1.000 kg of chicken = 0.0004142 T of steel

Inverse (STEEL/CHKN): 2414 — one Metric Ton of steel buys that much chicken.

Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)

Chicken

$1.27

per Kilogram

Steel

¥3,066.00

per Metric Ton

Unit basis: USD per Kilogram ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Kilogram of chicken. Prices as of Mon, 24 Aug 2026 11:28:11 GMT.

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

1Y average

0.0004205

median 0.0004208

1Y low

0.0004133

Jul 27, 2026

1Y high

0.0004273

Aug 3, 2026

Normal band

0.0004172–0.0004238

mean ± 1 std dev

Deviation from mean

-1.88σ

5 observations

Chicken to Steel ratio charts

Pick a range once — it applies to the CHKN/STEEL ratio line, the OHLC candles and the Chicken / Steel price chart below.

CHKN/STEEL ratio line

How many T of Steel one kg of Chicken buys, over 1Y.

CHKN/STEEL ratio candles

Open, high, low and close of the CHKN/STEEL ratio for each period in the last 1Y.

Chicken and Steel prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the chicken to steel ratio

Chicken to Steel ratio = Chicken price per Kilogram ÷ Steel price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of steel per Kilogram of chicken — rather than a plain count.

Worked example, live prices: $1.27 ÷ $3,066.00 = 0.0004142. The inverse is 2414.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the chicken to steel ratio today?

The chicken to steel ratio is 0.0004142 — Chicken at $1.27 per Kilogram divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.

How do you calculate the chicken to steel ratio?

Divide the chicken price per Kilogram by the steel 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 steel per Kilogram of chicken.

What is the inverse of the chicken to steel ratio?

The inverse, steel to chicken, is 2414 — how many Kilograms of chicken one Metric Ton of steel buys.

Chicken to Steel Ratio — 0.0004142 Today | CommodityPriceAPI