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Hides to Nickel Futures Ratio

The hides to nickel futures ratio is 0.003335 Hides at $56.69 per Pound divided by Nickel Futures at $16,999.88 per Metric Ton.

Prices as of Aug 24, 2026, 10:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Pound

Hides to Nickel Futures ratio

0.003335

1.000 lbs of hides = 0.003335 T of nickel futures

Inverse (NICKEL-FUT/HIDE): 299.9 — one Metric Ton of nickel futures buys that much hides.

Hides

¢56.69

per Pound

Nickel Futures

$16,999.88

per Metric Ton

Unit basis: US Cents per Pound ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Pound of hides. Prices as of Mon, 24 Aug 2026 10:33:20 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 Nickel Futures ratio charts

Pick a range once — it applies to the HIDE/NICKEL-FUT ratio line, the OHLC candles and the Hides / Nickel Futures price chart below.

One of these commodities only updates monthly, so short ranges are unavailable.

HIDE/NICKEL-FUT ratio line

How many T of Nickel Futures one lbs of Hides buys, over 1Y.

No overlapping history for HIDE/NICKEL-FUT over 1Y. Try a longer range.

HIDE/NICKEL-FUT ratio candles

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

No overlapping history for HIDE/NICKEL-FUT over 1Y. Try a longer range.

Hides 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 hides to nickel futures ratio

Hides to Nickel Futures ratio = Hides 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 hides — rather than a plain count.

Worked example, live prices: $56.69 ÷ $16,999.88 = 0.003335. The inverse is 299.9.

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 hides to nickel futures ratio today?

The hides to nickel futures ratio is 0.003335 — Hides at $56.69 per Pound divided by Nickel Futures at $16,999.88 per Metric Ton, from live mid-market prices.

How do you calculate the hides to nickel futures ratio?

Divide the hides 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 hides.

What is the inverse of the hides to nickel futures ratio?

The inverse, nickel futures to hides, is 299.9 — how many Pounds of hides one Metric Ton of nickel futures buys.

Hides to Nickel Futures Ratio — 0.003335 Today | CommodityPriceAPI