Commodity ratio · live
Ethanol to Nickel Futures Ratio
The ethanol to nickel futures ratio is 0.0001247 — Ethanol at $2.12 per Gallon divided by Nickel Futures at $17,000.13 per Metric Ton.
Prices as of Aug 24, 2026, 10:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Ethanol to Nickel Futures ratio
1.000 Gal of ethanol = 0.0001247 T of nickel futures
Inverse (NICKEL-FUT/ETHANOL): 8019 — one Metric Ton of nickel futures buys that much ethanol.
Near the top of its 1 year range — historically stretched. (93th percentile of the last 1 year)
Ethanol
$2.12
per Gallon
Nickel Futures
$17,000.13
per Metric Ton
Unit basis: USD per Gallon ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Gallon of ethanol. Prices as of Mon, 24 Aug 2026 10:34:45 GMT.
1Y average
0.0001097
median 0.0001101
1Y low
0.00008167
Jan 14, 2026
1Y high
0.0001349
Aug 31, 2025
Normal band
0.00009937–0.0001200
mean ± 1 std dev
Deviation from mean
+1.45σ
364 observations
Ethanol to Nickel Futures ratio charts
Pick a range once — it applies to the ETHANOL/NICKEL-FUT ratio line, the OHLC candles and the Ethanol / Nickel Futures price chart below.
ETHANOL/NICKEL-FUT ratio line
How many T of Nickel Futures one Gal of Ethanol buys, over 1Y.
ETHANOL/NICKEL-FUT ratio candles
Open, high, low and close of the ETHANOL/NICKEL-FUT ratio for each period in the last 1Y.
Ethanol 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 ethanol to nickel futures ratio
Ethanol to Nickel Futures ratio = Ethanol price per Gallon ÷ Nickel Futures price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of nickel futures per Gallon of ethanol — rather than a plain count.
Worked example, live prices: $2.12 ÷ $17,000.13 = 0.0001247. The inverse is 8019.
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 ethanol to nickel futures ratio today?
The ethanol to nickel futures ratio is 0.0001247 — Ethanol at $2.12 per Gallon divided by Nickel Futures at $17,000.13 per Metric Ton, from live mid-market prices.
How do you calculate the ethanol to nickel futures ratio?
Divide the ethanol price per Gallon 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 Gallon of ethanol.
What is the inverse of the ethanol to nickel futures ratio?
The inverse, nickel futures to ethanol, is 8019 — how many Gallons of ethanol one Metric Ton of nickel futures buys.