Commodity ratio · live
Hot-Rolled Coil Steel to Canola Ratio
The hot-rolled coil steel to canola ratio is 1.518 — Hot-Rolled Coil Steel at $1,196.04 per Metric Ton divided by Canola at $787.99 per Metric Ton.
Prices as of Aug 24, 2026, 12:26 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Hot-Rolled Coil Steel to Canola ratio
1.000 T of hot-rolled coil steel = 1.518 T of canola
Inverse (CANOLA/HRC-STEEL): 0.6588 — one Metric Ton of canola buys that much hot-rolled coil steel.
Above its 1 year average. (74th percentile of the last 1 year)
Hot-Rolled Coil Steel
$1,196.04
per Metric Ton
Canola
CA$787.99
per Metric Ton
Unit basis: USD per Metric Ton ÷ CAD per Metric Ton. The ratio reads as Metric Tons of canola per Metric Ton of hot-rolled coil steel. Prices as of Mon, 24 Aug 2026 12:26:15 GMT.
These two commodities are quoted in different currencies (USD and CAD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
1.456
median 1.478
1Y low
1.138
Aug 24, 2025
1Y high
1.648
Jun 18, 2026
Normal band
1.363–1.550
mean ± 1 std dev
Deviation from mean
+0.66σ
353 observations
Hot-Rolled Coil Steel to Canola ratio charts
Pick a range once — it applies to the HRC-STEEL/CANOLA ratio line, the OHLC candles and the Hot-Rolled Coil Steel / Canola price chart below.
HRC-STEEL/CANOLA ratio line
How many T of Canola one T of Hot-Rolled Coil Steel buys, over 1Y.
HRC-STEEL/CANOLA ratio candles
Open, high, low and close of the HRC-STEEL/CANOLA ratio for each period in the last 1Y.
Hot-Rolled Coil Steel and Canola prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the hot-rolled coil steel to canola ratio
Hot-Rolled Coil Steel to Canola ratio = Hot-Rolled Coil Steel price per Metric Ton ÷ Canola price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of canola per Metric Ton of hot-rolled coil steel — rather than a plain count.
Worked example, live prices: $1,196.04 ÷ $787.99 = 1.518. The inverse is 0.6588.
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 hot-rolled coil steel to canola ratio today?
The hot-rolled coil steel to canola ratio is 1.518 — Hot-Rolled Coil Steel at $1,196.04 per Metric Ton divided by Canola at $787.99 per Metric Ton, from live mid-market prices.
How do you calculate the hot-rolled coil steel to canola ratio?
Divide the hot-rolled coil steel price per Metric Ton by the canola 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 canola per Metric Ton of hot-rolled coil steel.
What is the inverse of the hot-rolled coil steel to canola ratio?
The inverse, canola to hot-rolled coil steel, is 0.6588 — how many Metric Tons of hot-rolled coil steel one Metric Ton of canola buys.