Commodity ratio · live
Cotton to Nickel Futures Ratio
The cotton to nickel futures ratio is 0.00005213 — Cotton at $0.8900 per Pound divided by Nickel Futures at $17,071.13 per Metric Ton.
Prices as of Aug 24, 2026, 12:23 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cotton to Nickel Futures ratio
1.000 Lb of cotton = 0.00005213 T of nickel futures
Inverse (NICKEL-FUT/CT): 19181 — one Metric Ton of nickel futures buys that much cotton.
Near the top of its 1 year range — historically stretched. (99th percentile of the last 1 year)
Cotton
$0.8900
per Pound
Nickel Futures
$17,071.13
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 Mon, 24 Aug 2026 12:23:24 GMT.
1Y average
0.00004276
median 0.00004327
1Y low
0.00003373
Jan 27, 2026
1Y high
0.00005332
Aug 20, 2026
Normal band
0.00003895–0.00004656
mean ± 1 std dev
Deviation from mean
+2.47σ
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: $0.8900 ÷ $17,071.13 = 0.00005213. The inverse is 19181.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the cotton to nickel futures ratio today?
The cotton to nickel futures ratio is 0.00005213 — Cotton at $0.8900 per Pound divided by Nickel Futures at $17,071.13 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 19181 — how many Pounds of cotton one Metric Ton of nickel futures buys.