Commodity ratio · live
Cotton to Lead Futures Ratio
The cotton to lead futures ratio is 0.0004607 — Cotton at $0.8800 per Pound divided by Lead Futures at $1,910.08 per Metric Ton.
Prices as of Aug 24, 2026, 10:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cotton to Lead Futures ratio
1.000 Lb of cotton = 0.0004607 T of lead futures
Inverse (LEAD-FUT/CT): 2171 — one Metric Ton of lead futures buys that much cotton.
Near the top of its 1 year range — historically stretched. (99th percentile of the last 1 year)
Cotton
$0.8800
per Pound
Lead Futures
$1,910.08
per Metric Ton
Unit basis: USD per Pound ÷ USD per Metric Ton. The ratio reads as Metric Tons of lead futures per Pound of cotton. Prices as of Mon, 24 Aug 2026 10:27:22 GMT.
1Y average
0.0003645
median 0.0003397
1Y low
0.0003055
Nov 12, 2025
1Y high
0.0004739
Aug 21, 2026
Normal band
0.0003191–0.0004099
mean ± 1 std dev
Deviation from mean
+2.12σ
240 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 T of Lead Futures one Lb 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 per Pound ÷ Lead Futures price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of lead futures per Pound of cotton — rather than a plain count.
Worked example, live prices: $0.8800 ÷ $1,910.08 = 0.0004607. The inverse is 2171.
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 cotton to lead futures ratio today?
The cotton to lead futures ratio is 0.0004607 — Cotton at $0.8800 per Pound divided by Lead Futures at $1,910.08 per Metric Ton, from live mid-market prices.
How do you calculate the cotton to lead futures ratio?
Divide the cotton price per Pound by the lead 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 lead futures per Pound of cotton.
What is the inverse of the cotton to lead futures ratio?
The inverse, lead futures to cotton, is 2171 — how many Pounds of cotton one Metric Ton of lead futures buys.