Commodity ratio · live
Hides to Natural Gas Futures Ratio
The hides to natural gas futures ratio is 20.32 — Hides at $56.69 per Pound divided by Natural Gas Futures at $2.79 per Million British Thermal Units.
Prices as of Aug 24, 2026, 11:24 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Hides to Natural Gas Futures ratio
1.000 lbs of hides = 20.319 MMBtu of natural gas futures
Inverse (NG-FUT/HIDE): 0.04922 — one Million British Thermal Units of natural gas futures buys that much hides.
Hides
¢56.69
per Pound
Natural Gas Futures
$2.79
per Million British Thermal Units
Unit basis: US Cents per Pound ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas futures per Pound of hides. Prices as of Mon, 24 Aug 2026 11:24:08 GMT.
These two commodities are quoted in different currencies (US Cents and USD). The figure above is a raw quote ratio and is not FX-adjusted.
Hides to Natural Gas Futures ratio charts
Pick a range once — it applies to the HIDE/NG-FUT ratio line, the OHLC candles and the Hides / Natural Gas Futures price chart below.
HIDE/NG-FUT ratio line
How many MMBtu of Natural Gas Futures one lbs of Hides buys, over 1Y.
No overlapping history for HIDE/NG-FUT over 1Y. Try a longer range.
HIDE/NG-FUT ratio candles
Open, high, low and close of the HIDE/NG-FUT ratio for each period in the last 1Y.
No overlapping history for HIDE/NG-FUT over 1Y. Try a longer range.
Hides and Natural Gas Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the hides to natural gas futures ratio
Hides to Natural Gas Futures ratio = Hides price per Pound ÷ Natural Gas Futures 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 futures per Pound of hides — rather than a plain count.
Worked example, live prices: $56.69 ÷ $2.79 = 20.32. The inverse is 0.04922.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the hides to natural gas futures ratio today?
The hides to natural gas futures ratio is 20.32 — Hides at $56.69 per Pound divided by Natural Gas Futures at $2.79 per Million British Thermal Units, from live mid-market prices.
How do you calculate the hides to natural gas futures ratio?
Divide the hides price per Pound by the natural gas futures 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 futures per Pound of hides.
What is the inverse of the hides to natural gas futures ratio?
The inverse, natural gas futures to hides, is 0.04922 — how many Pounds of hides one Million British Thermal Units of natural gas futures buys.