Commodity ratio · live

Copper Futures to Bitumen Ratio

The copper futures to bitumen ratio is 0.001448 Copper Futures at $6.58 per Pound divided by Bitumen at $4,544.00 per Metric Ton.

Prices as of Aug 24, 2026, 10:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Pound

Copper Futures to Bitumen ratio

0.001448+11.23% / 1Y

1.000 Lb of copper futures = 0.001448 T of bitumen

Inverse (BIT/HG-FUT): 690.6 — one Metric Ton of bitumen buys that much copper futures.

Below its 1 year average. (25th percentile of the last 1 year)

Copper Futures

$6.58

per Pound

Bitumen

¥4,544.00

per Metric Ton

Unit basis: USD per Pound ÷ CNY per Metric Ton. The ratio reads as Metric Tons of bitumen per Pound of copper futures. Prices as of Mon, 24 Aug 2026 10:32:07 GMT.

These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

0.001568

median 0.001549

1Y low

0.001130

Mar 22, 2026

1Y high

0.001975

Dec 28, 2025

Normal band

0.001387–0.001749

mean ± 1 std dev

Deviation from mean

-0.66σ

302 observations

Copper Futures to Bitumen ratio charts

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

HG-FUT/BIT ratio line

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

HG-FUT/BIT ratio candles

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

Copper Futures and Bitumen 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 bitumen ratio

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

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

Worked example, live prices: $6.58 ÷ $4,544.00 = 0.001448. The inverse is 690.6.

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 bitumen ratio today?

The copper futures to bitumen ratio is 0.001448 — Copper Futures at $6.58 per Pound divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.

How do you calculate the copper futures to bitumen ratio?

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

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

The inverse, bitumen to copper futures, is 690.6 — how many Pounds of copper futures one Metric Ton of bitumen buys.

Copper Futures to Bitumen Ratio — 0.001448 Today | CommodityPriceAPI