Commodity ratio · live
Coal to Nickel Futures Ratio
The coal to nickel futures ratio is 0.007733 — Coal at $131.50 per Metric Ton divided by Nickel Futures at $17,004.63 per Metric Ton.
Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Coal to Nickel Futures ratio
1.000 T of coal = 0.007733 T of nickel futures
Inverse (NICKEL-FUT/COAL): 129.3 — one Metric Ton of nickel futures buys that much coal.
Above its 1 year average. (78th percentile of the last 1 year)
Coal
$131.50
per Metric Ton
Nickel Futures
$17,004.63
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 coal. Prices as of Mon, 24 Aug 2026 10:35:51 GMT.
1Y average
0.007264
median 0.007254
1Y low
0.005689
Jan 7, 2026
1Y high
0.008852
Jun 29, 2026
Normal band
0.006641–0.007887
mean ± 1 std dev
Deviation from mean
+0.75σ
363 observations
Coal to Nickel Futures ratio charts
Pick a range once — it applies to the COAL/NICKEL-FUT ratio line, the OHLC candles and the Coal / Nickel Futures price chart below.
COAL/NICKEL-FUT ratio line
How many T of Nickel Futures one T of Coal buys, over 1Y.
COAL/NICKEL-FUT ratio candles
Open, high, low and close of the COAL/NICKEL-FUT ratio for each period in the last 1Y.
Coal 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 coal to nickel futures ratio
Coal to Nickel Futures ratio = Coal 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: $131.50 ÷ $17,004.63 = 0.007733. The inverse is 129.3.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the coal to nickel futures ratio today?
The coal to nickel futures ratio is 0.007733 — Coal at $131.50 per Metric Ton divided by Nickel Futures at $17,004.63 per Metric Ton, from live mid-market prices.
How do you calculate the coal to nickel futures ratio?
Divide the coal 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 coal.
What is the inverse of the coal to nickel futures ratio?
The inverse, nickel futures to coal, is 129.3 — how many Metric Tons of coal one Metric Ton of nickel futures buys.