Commodity ratio · live
Heating Oil Futures to Polypropylene Ratio
The heating oil futures to polypropylene ratio is 0.0005404 — Heating Oil Futures at $4.40 per Gallan divided by Polypropylene at $8,142.00 per Metric Ton.
Prices as of Aug 24, 2026, 12:21 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Heating Oil Futures to Polypropylene ratio
1.000 Gal of heating oil futures = 0.0005404 T of polypropylene
Inverse (PYL/HO-FUT): 1850 — one Metric Ton of polypropylene buys that much heating oil futures.
Near the top of its 1 year range — historically stretched. (98th percentile of the last 1 year)
Heating Oil Futures
$4.40
per Gallan
Polypropylene
¥8,142.00
per Metric Ton
Unit basis: USD per Gallan ÷ CNY per Metric Ton. The ratio reads as Metric Tons of polypropylene per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 12:21:12 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
0.0004108
median 0.0004020
1Y low
0.0003181
Oct 12, 2025
1Y high
0.0005858
Mar 7, 2026
Normal band
0.0003527–0.0004690
mean ± 1 std dev
Deviation from mean
+2.23σ
307 observations
Heating Oil Futures to Polypropylene ratio charts
Pick a range once — it applies to the HO-FUT/PYL ratio line, the OHLC candles and the Heating Oil Futures / Polypropylene price chart below.
HO-FUT/PYL ratio line
How many T of Polypropylene one Gal of Heating Oil Futures buys, over 1Y.
HO-FUT/PYL ratio candles
Open, high, low and close of the HO-FUT/PYL ratio for each period in the last 1Y.
Heating Oil Futures and Polypropylene 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 polypropylene ratio
Heating Oil Futures to Polypropylene ratio = Heating Oil Futures price per Gallan ÷ Polypropylene price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of polypropylene per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.40 ÷ $8,142.00 = 0.0005404. The inverse is 1850.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the heating oil futures to polypropylene ratio today?
The heating oil futures to polypropylene ratio is 0.0005404 — Heating Oil Futures at $4.40 per Gallan divided by Polypropylene at $8,142.00 per Metric Ton, from live mid-market prices.
How do you calculate the heating oil futures to polypropylene ratio?
Divide the heating oil futures price per Gallan by the polypropylene 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 polypropylene per Gallan of heating oil futures.
What is the inverse of the heating oil futures to polypropylene ratio?
The inverse, polypropylene to heating oil futures, is 1850 — how many Gallans of heating oil futures one Metric Ton of polypropylene buys.