Commodity ratio · live

Heating Oil Futures to Soda Ash Ratio

The heating oil futures to soda ash ratio is 0.004262 Heating Oil Futures at $4.39 per Gallan divided by Soda Ash at $1,030.00 per Metric Ton.

Prices as of Aug 24, 2026, 11:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Gallan

Heating Oil Futures to Soda Ash ratio

0.004262+128.19% / 1Y

1.000 Gal of heating oil futures = 0.004262 T of soda ash

Inverse (SODASH/HO-FUT): 234.6 — one Metric Ton of soda ash 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

$4.39

per Gallan

Soda Ash

$1,030.00

per Metric Ton

Unit basis: USD per Gallan ÷ USD per Metric Ton. The ratio reads as Metric Tons of soda ash per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 11:35:09 GMT.

1Y average

0.002636

median 0.002284

1Y low

0.001677

Dec 19, 2025

1Y high

0.004408

Aug 21, 2026

Normal band

0.001867–0.003406

mean ± 1 std dev

Deviation from mean

+2.11σ

303 observations

Heating Oil Futures to Soda Ash ratio charts

Pick a range once — it applies to the HO-FUT/SODASH ratio line, the OHLC candles and the Heating Oil Futures / Soda Ash price chart below.

HO-FUT/SODASH ratio line

How many T of Soda Ash one Gal of Heating Oil Futures buys, over 1Y.

HO-FUT/SODASH ratio candles

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

Heating Oil Futures and Soda Ash 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 soda ash ratio

Heating Oil Futures to Soda Ash ratio = Heating Oil Futures price per Gallan ÷ Soda Ash price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of soda ash per Gallan of heating oil futures — rather than a plain count.

Worked example, live prices: $4.39 ÷ $1,030.00 = 0.004262. The inverse is 234.6.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the heating oil futures to soda ash ratio today?

The heating oil futures to soda ash ratio is 0.004262 — Heating Oil Futures at $4.39 per Gallan divided by Soda Ash at $1,030.00 per Metric Ton, from live mid-market prices.

How do you calculate the heating oil futures to soda ash ratio?

Divide the heating oil futures price per Gallan by the soda ash 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 soda ash per Gallan of heating oil futures.

What is the inverse of the heating oil futures to soda ash ratio?

The inverse, soda ash to heating oil futures, is 234.6 — how many Gallans of heating oil futures one Metric Ton of soda ash buys.

Heating Oil Futures to Soda Ash Ratio — 0.004262 Today | CommodityPriceAPI