Commodity ratio · live

Cotton to Nickel Futures Ratio

The cotton to nickel futures ratio is 0.00005325 Cotton at $0.8800 per Pound divided by Nickel Futures at $16,525.00 per Metric Ton.

Prices as of Sep 13, 2026, 4:21 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Pound
CT · USD per Pound
NICKEL-FUT · USD per Metric Ton

Cotton to Nickel Futures ratio

0.00005325+20.38% / 1Y

1.000 Lb of cotton = 0.00005325 T of nickel futures

Inverse (NICKEL-FUT/CT): 18778 — one Metric Ton of nickel futures buys that much cotton.

Near the top of its 1 year range — historically stretched. (98th percentile of the last 1 year)

Cotton

$0.8800

per Pound

Nickel Futures

$16,525.00

per Metric Ton

Unit basis: USD per Pound ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Pound of cotton. Prices as of Sun, 13 Sep 2026 04:21:35 GMT.

Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.

1Y average

0.00004327

median 0.00004327

1Y low

0.00003373

Jan 27, 2026

1Y high

0.00005717

Aug 31, 2026

Normal band

0.00003873–0.00004782

mean ± 1 std dev

Deviation from mean

+2.20σ

251 observations

Cotton to Nickel Futures ratio charts

Pick a range once — it applies to the CT/NICKEL-FUT ratio line, the OHLC candles and the Cotton / Nickel Futures price chart below.

CT/NICKEL-FUT ratio line

How many T of Nickel Futures one Lb of Cotton buys, over 1Y.

CT/NICKEL-FUT ratio candles

Open, high, low and close of the CT/NICKEL-FUT ratio for each period in the last 1Y.

Cotton 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 cotton to nickel futures ratio

Cotton to Nickel Futures ratio = Cotton price per Pound ÷ Nickel Futures price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of nickel futures per Pound of cotton — rather than a plain count.

Worked example, live prices: $0.8800 ÷ $16,525.00 = 0.00005325. The inverse is 18778.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4349.29
2XAGSilver64.53
3WTIOIL-FUTCrude Oil WTI Futures100.05
4BRENTOIL-FUTCrude Oil Brent Futures104.61
5NG-FUTNatural Gas Futures2.83
6PLPlatinum1805.98
7PAPalladium1309.60

Frequently asked questions

What is the cotton to nickel futures ratio today?

The cotton to nickel futures ratio is 0.00005325 — Cotton at $0.8800 per Pound divided by Nickel Futures at $16,525.00 per Metric Ton, from live mid-market prices.

How do you calculate the cotton to nickel futures ratio?

Divide the cotton price per Pound 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 Pound of cotton.

What is the inverse of the cotton to nickel futures ratio?

The inverse, nickel futures to cotton, is 18778 — how many Pounds of cotton one Metric Ton of nickel futures buys.