Commodity ratio · live

Copper Futures to Natural Gas, US Ratio

The copper futures to natural gas, us ratio is 2.362 Copper Futures at $6.59 per Pound divided by Natural Gas, US at $2.79 per Million British Thermal Units.

Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Pound

Copper Futures to Natural Gas, US ratio

2.362+29.54% / 1Y

1.000 Lb of copper futures = 2.362 MMBtu of natural gas, us

Inverse (NG-US/HG-FUT): 0.4234 — one Million British Thermal Units of natural gas, us buys that much copper futures.

Close to the middle of its 1 year range. (69th percentile of the last 1 year)

Copper Futures

$6.59

per Pound

Natural Gas, US

$2.79

per Million British Thermal Units

Unit basis: USD per Pound ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas, us per Pound of copper futures. Prices as of Mon, 24 Aug 2026 10:35:43 GMT.

1Y average

2.257

median 2.293

1Y low

1.820

Jun 30, 2026

1Y high

2.592

Aug 6, 2026

Normal band

2.048–2.467

mean ± 1 std dev

Deviation from mean

+0.50σ

35 observations

Copper Futures to Natural Gas, US ratio charts

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

HG-FUT/NG-US ratio line

How many MMBtu of Natural Gas, US one Lb of Copper Futures buys, over 1Y.

HG-FUT/NG-US ratio candles

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

Copper Futures and Natural Gas, US 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 natural gas, us ratio

Copper Futures to Natural Gas, US ratio = Copper Futures price per Pound ÷ Natural Gas, US price per Million British Thermal Units

The two legs use different units, so the result is a rate — Million British Thermal Unitss of natural gas, us per Pound of copper futures — rather than a plain count.

Worked example, live prices: $6.59 ÷ $2.79 = 2.362. The inverse is 0.4234.

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 natural gas, us ratio today?

The copper futures to natural gas, us ratio is 2.362 — Copper Futures at $6.59 per Pound divided by Natural Gas, US at $2.79 per Million British Thermal Units, from live mid-market prices.

How do you calculate the copper futures to natural gas, us ratio?

Divide the copper futures price per Pound by the natural gas, us price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas, us per Pound of copper futures.

What is the inverse of the copper futures to natural gas, us ratio?

The inverse, natural gas, us to copper futures, is 0.4234 — how many Pounds of copper futures one Million British Thermal Units of natural gas, us buys.

Copper Futures to Natural Gas, US Ratio — 2.362 Today | CommodityPriceAPI