Commodity ratio · live
Heating Oil Futures to Neodymium Ratio
The heating oil futures to neodymium ratio is 0.000004609 — Heating Oil Futures at $4.39 per Gallan divided by Neodymium at $952,500.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Heating Oil Futures to Neodymium ratio
1.000 Gal of heating oil futures = 0.000004609 T of neodymium
Inverse (NDYM/HO-FUT): 216970 — one Metric Ton of neodymium buys that much heating oil futures.
Near the top of its 1 year range — historically stretched. (96th percentile of the last 1 year)
Heating Oil Futures
$4.39
per Gallan
Neodymium
$952,500.00
per Metric Ton
Unit basis: USD per Gallan ÷ CNY per Metric Ton. The ratio reads as Metric Tons of neodymium per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 11:29:39 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.000003457
median 0.000003463
1Y low
0.000002196
Feb 17, 2026
1Y high
0.000004806
Mar 20, 2026
Normal band
0.000002848–0.000004066
mean ± 1 std dev
Deviation from mean
+1.89σ
317 observations
Heating Oil Futures to Neodymium ratio charts
Pick a range once — it applies to the HO-FUT/NDYM ratio line, the OHLC candles and the Heating Oil Futures / Neodymium price chart below.
HO-FUT/NDYM ratio line
How many T of Neodymium one Gal of Heating Oil Futures buys, over 1Y.
HO-FUT/NDYM ratio candles
Open, high, low and close of the HO-FUT/NDYM ratio for each period in the last 1Y.
Heating Oil Futures and Neodymium prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the heating oil futures to neodymium ratio
Heating Oil Futures to Neodymium ratio = Heating Oil Futures price per Gallan ÷ Neodymium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of neodymium per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.39 ÷ $952,500.00 = 0.000004609. The inverse is 216970.
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 heating oil futures to neodymium ratio today?
The heating oil futures to neodymium ratio is 0.000004609 — Heating Oil Futures at $4.39 per Gallan divided by Neodymium at $952,500.00 per Metric Ton, from live mid-market prices.
How do you calculate the heating oil futures to neodymium ratio?
Divide the heating oil futures price per Gallan by the neodymium 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 neodymium per Gallan of heating oil futures.
What is the inverse of the heating oil futures to neodymium ratio?
The inverse, neodymium to heating oil futures, is 216970 — how many Gallans of heating oil futures one Metric Ton of neodymium buys.