Commodity ratio · live

Copper Futures to Aluminium Futures Ratio

The copper futures to aluminium futures ratio is 0.002038 Copper Futures at $6.58 per Pound divided by Aluminium Futures at $3,229.15 per Metric Ton.

Prices as of Aug 24, 2026, 10:38 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Pound

Copper Futures to Aluminium Futures ratio

0.002038+18.12% / 1Y

1.000 Lb of copper futures = 0.002038 T of aluminium futures

Inverse (AL-FUT/HG-FUT): 490.8 — one Metric Ton of aluminium futures buys that much copper futures.

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

Copper Futures

$6.58

per Pound

Aluminium Futures

$3,229.15

per Metric Ton

Unit basis: USD per Pound ÷ USD per Metric Ton. The ratio reads as Metric Tons of aluminium futures per Pound of copper futures. Prices as of Mon, 24 Aug 2026 10:38:02 GMT.

1Y average

0.001820

median 0.001815

1Y low

0.001566

Apr 1, 2026

1Y high

0.002096

Aug 5, 2026

Normal band

0.001707–0.001934

mean ± 1 std dev

Deviation from mean

+1.91σ

330 observations

Copper Futures to Aluminium Futures ratio charts

Pick a range once — it applies to the HG-FUT/AL-FUT ratio line, the OHLC candles and the Copper Futures / Aluminium Futures price chart below.

HG-FUT/AL-FUT ratio line

How many T of Aluminium Futures one Lb of Copper Futures buys, over 1Y.

HG-FUT/AL-FUT ratio candles

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

Copper Futures and Aluminium Futures prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the copper futures to aluminium futures ratio

Copper Futures to Aluminium Futures ratio = Copper Futures price per Pound ÷ Aluminium Futures price per Metric Ton

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

Worked example, live prices: $6.58 ÷ $3,229.15 = 0.002038. The inverse is 490.8.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the copper futures to aluminium futures ratio today?

The copper futures to aluminium futures ratio is 0.002038 — Copper Futures at $6.58 per Pound divided by Aluminium Futures at $3,229.15 per Metric Ton, from live mid-market prices.

How do you calculate the copper futures to aluminium futures ratio?

Divide the copper futures price per Pound by the aluminium 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 aluminium futures per Pound of copper futures.

What is the inverse of the copper futures to aluminium futures ratio?

The inverse, aluminium futures to copper futures, is 490.8 — how many Pounds of copper futures one Metric Ton of aluminium futures buys.

Copper Futures to Aluminium Futures Ratio — 0.002038 Today | CommodityPriceAPI