Commodity ratio · live
Cotton to Lead Futures Ratio
The cotton to lead futures ratio is 0.9639 — Cotton at $1.87 per kilogram divided by Lead Futures at $1.94 per kilogram.
Cotton is quoted per pound and lead futures per metric ton, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
Prices as of Sep 21, 2026, 7:45 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cotton to Lead Futures ratio
1.000 kg of cotton = 0.9639 kg of lead futures
Inverse (LEAD-FUT/CT): 1.037 — one kilogram of lead futures buys that much cotton.
Above its 1 year average. (86th percentile of the last 1 year)
Cotton
$1.87
per kilogram
Lead Futures
$1.94
per kilogram
Unit basis: USD per kilogram ÷ USD per kilogram. Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number. Prices as of Mon, 21 Sep 2026 19:45:35 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
Cotton is quoted per pound and lead futures per metric ton, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
1Y average
0.8231
median 0.8002
1Y low
0.6735
Nov 12, 2025
1Y high
1.098
Aug 31, 2026
Normal band
0.7093–0.9369
mean ± 1 std dev
Deviation from mean
+1.24σ
253 observations
Cotton to Lead Futures ratio charts
Pick a range once — it applies to the CT/LEAD-FUT ratio line, the OHLC candles and the Cotton / Lead Futures price chart below.
CT/LEAD-FUT ratio line
How many kg of Lead Futures one kg of Cotton buys, over 1Y.
CT/LEAD-FUT ratio candles
Open, high, low and close of the CT/LEAD-FUT ratio for each period in the last 1Y.
Cotton and Lead Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the cotton to lead futures ratio
Cotton to Lead Futures ratio = Cotton price in USD per kilogram ÷ Lead Futures price in USD per kilogram
Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number.
Cotton is quoted per pound and lead futures per metric ton, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
Worked example, live prices: $1.87 per kilogram ÷ $1.94 per kilogram = 0.9639. The inverse is 1.037.
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 | 4336.69 |
| 2 | XAG | Silver | 65.80 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 90.52 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 98.81 |
| 5 | NG-FUT | Natural Gas Futures | 2.85 |
| 6 | PL | Platinum | 1822.44 |
| 7 | PA | Palladium | 1317.40 |
Frequently asked questions
What is the cotton to lead futures ratio today?
The cotton to lead futures ratio is 0.9639 — Cotton at $1.87 per kilogram divided by Lead Futures at $1.94 per kilogram, from live mid-market prices. Both figures are US dollars per kilogram.
How do you calculate the cotton to lead futures ratio?
Divide the cotton price per kilogram by the lead futures price per kilogram. Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number.
What is the inverse of the cotton to lead futures ratio?
The inverse, lead futures to cotton, is 1.037 — how many kilograms of cotton one kilogram of lead futures buys.