Commodity ratio · live
Copper Futures to Nickel Futures Ratio
The copper futures to nickel futures ratio is 0.0003872 — Copper Futures at $6.58 per Pound divided by Nickel Futures at $16,995.38 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.
Copper Futures to Nickel Futures ratio
1.000 Lb of copper futures = 0.0003872 T of nickel futures
Inverse (NICKEL-FUT/HG-FUT): 2583 — one Metric Ton of nickel futures buys that much copper futures.
Near the top of its 1 year range — historically stretched. (97th percentile of the last 1 year)
Copper Futures
$6.58
per Pound
Nickel Futures
$16,995.38
per Metric Ton
Unit basis: USD per Pound ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Pound of copper futures. Prices as of Mon, 24 Aug 2026 10:38:25 GMT.
1Y average
0.0003414
median 0.0003369
1Y low
0.0002821
Aug 24, 2025
1Y high
0.0004033
Aug 6, 2026
Normal band
0.0003187–0.0003640
mean ± 1 std dev
Deviation from mean
+2.02σ
333 observations
Copper Futures to Nickel Futures ratio charts
Pick a range once — it applies to the HG-FUT/NICKEL-FUT ratio line, the OHLC candles and the Copper Futures / Nickel Futures price chart below.
HG-FUT/NICKEL-FUT ratio line
How many T of Nickel Futures one Lb of Copper Futures buys, over 1Y.
HG-FUT/NICKEL-FUT ratio candles
Open, high, low and close of the HG-FUT/NICKEL-FUT ratio for each period in the last 1Y.
Copper Futures and Nickel 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 nickel futures ratio
Copper Futures to Nickel Futures ratio = Copper Futures price per Pound ÷ Nickel Futures price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of nickel futures per Pound of copper futures — rather than a plain count.
Worked example, live prices: $6.58 ÷ $16,995.38 = 0.0003872. The inverse is 2583.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the copper futures to nickel futures ratio today?
The copper futures to nickel futures ratio is 0.0003872 — Copper Futures at $6.58 per Pound divided by Nickel Futures at $16,995.38 per Metric Ton, from live mid-market prices.
How do you calculate the copper futures to nickel futures ratio?
Divide the copper futures price per Pound by the nickel 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 nickel futures per Pound of copper futures.
What is the inverse of the copper futures to nickel futures ratio?
The inverse, nickel futures to copper futures, is 2583 — how many Pounds of copper futures one Metric Ton of nickel futures buys.