Commodity ratio · live
Copper Futures to Lumber Futures Ratio
The copper futures to lumber futures ratio is 0.01151 — Copper Futures at $6.60 per Pound divided by Lumber Futures at $573.54 per Thousand Board Feet.
Prices as of Aug 24, 2026, 12:26 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Copper Futures to Lumber Futures ratio
1.000 Lb of copper futures = 0.01151 Mbf of lumber futures
Inverse (LB-FUT/HG-FUT): 86.90 — one Thousand Board Feet of lumber 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
$6.60
per Pound
Lumber Futures
$573.54
per Thousand Board Feet
Unit basis: USD per Pound ÷ USD per Thousand Board Feet. The ratio reads as Thousand Board Feets of lumber futures per Pound of copper futures. Prices as of Mon, 24 Aug 2026 12:26:00 GMT.
1Y average
0.009849
median 0.009935
1Y low
0.007229
Aug 24, 2025
1Y high
0.01202
Aug 15, 2026
Normal band
0.008946–0.01075
mean ± 1 std dev
Deviation from mean
+1.84σ
327 observations
Copper Futures to Lumber Futures ratio charts
Pick a range once — it applies to the HG-FUT/LB-FUT ratio line, the OHLC candles and the Copper Futures / Lumber Futures price chart below.
HG-FUT/LB-FUT ratio line
How many Mbf of Lumber Futures one Lb of Copper Futures buys, over 1Y.
HG-FUT/LB-FUT ratio candles
Open, high, low and close of the HG-FUT/LB-FUT ratio for each period in the last 1Y.
Copper Futures and Lumber 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 lumber futures ratio
Copper Futures to Lumber Futures ratio = Copper Futures price per Pound ÷ Lumber Futures price per Thousand Board Feet
The two legs use different units, so the result is a rate — Thousand Board Feets of lumber futures per Pound of copper futures — rather than a plain count.
Worked example, live prices: $6.60 ÷ $573.54 = 0.01151. The inverse is 86.90.
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 copper futures to lumber futures ratio today?
The copper futures to lumber futures ratio is 0.01151 — Copper Futures at $6.60 per Pound divided by Lumber Futures at $573.54 per Thousand Board Feet, from live mid-market prices.
How do you calculate the copper futures to lumber futures ratio?
Divide the copper futures price per Pound by the lumber futures price per Thousand Board Feet. If the two units differ, the result is a rate rather than a plain count — read it as Thousand Board Feets of lumber futures per Pound of copper futures.
What is the inverse of the copper futures to lumber futures ratio?
The inverse, lumber futures to copper futures, is 86.90 — how many Pounds of copper futures one Thousand Board Feet of lumber futures buys.