Commodity ratio · live

Copper Futures to Cheese Ratio

The copper futures to cheese ratio is 4.112 Copper Futures at $6.58 per Pound divided by Cheese at $1.60 per Pound.

Prices as of Aug 24, 2026, 11:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Pound

Copper Futures to Cheese ratio

4.112+59.22% / 1Y

1.000 Lb of copper futures = 4.112 Lb of cheese

Inverse (CHE/HG-FUT): 0.2432 — one Pound of cheese buys that much copper futures.

Near the top of its 1 year range — historically stretched. (93th percentile of the last 1 year)

Copper Futures

$6.58

per Pound

Cheese

$1.60

per Pound

Unit basis: USD per Pound ÷ USD per Pound. The ratio reads as Pounds of cheese per Pound of copper futures. Prices as of Mon, 24 Aug 2026 11:29:55 GMT.

1Y average

3.553

median 3.673

1Y low

2.391

Aug 31, 2025

1Y high

4.557

Jan 28, 2026

Normal band

3.076–4.030

mean ± 1 std dev

Deviation from mean

+1.17σ

333 observations

Copper Futures to Cheese ratio charts

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

HG-FUT/CHE ratio line

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

HG-FUT/CHE ratio candles

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

Copper Futures and Cheese 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 cheese ratio

Copper Futures to Cheese ratio = Copper Futures price per Pound ÷ Cheese price per Pound

Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.

Worked example, live prices: $6.58 ÷ $1.60 = 4.112. The inverse is 0.2432.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the copper futures to cheese ratio today?

The copper futures to cheese ratio is 4.112 — Copper Futures at $6.58 per Pound divided by Cheese at $1.60 per Pound, from live mid-market prices.

How do you calculate the copper futures to cheese ratio?

Divide the copper futures price per Pound by the cheese price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of cheese per Pound of copper futures.

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

The inverse, cheese to copper futures, is 0.2432 — how many Pounds of copper futures one Pound of cheese buys.

Copper Futures to Cheese Ratio — 4.112 Today | CommodityPriceAPI