Commodity ratio · live
Hot-Rolled Coil Steel to Soybean Oil Ratio
The hot-rolled coil steel to soybean oil ratio is 1761 — Hot-Rolled Coil Steel at $1,197.06 per Metric Ton divided by Soybean Oil at $0.6799 per Pound.
Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Hot-Rolled Coil Steel to Soybean Oil ratio
1.000 T of hot-rolled coil steel = 1,760.6 Lb of soybean oil
Inverse (ZL/HRC-STEEL): 0.0005680 — one Pound of soybean oil buys that much hot-rolled coil steel.
Above its 1 year average. (75th percentile of the last 1 year)
Hot-Rolled Coil Steel
$1,197.06
per Metric Ton
Soybean Oil
¢0.6799
per Pound
Unit basis: USD per Metric Ton ÷ US Cent per Pound. The ratio reads as Pounds of soybean oil per Metric Ton of hot-rolled coil steel. Prices as of Mon, 24 Aug 2026 10:35:26 GMT.
1Y average
1670
median 1658
1Y low
1458
May 4, 2026
1Y high
1947
Jan 2, 2026
Normal band
1567–1772
mean ± 1 std dev
Deviation from mean
+0.89σ
251 observations
Hot-Rolled Coil Steel to Soybean Oil ratio charts
Pick a range once — it applies to the HRC-STEEL/ZL ratio line, the OHLC candles and the Hot-Rolled Coil Steel / Soybean Oil price chart below.
HRC-STEEL/ZL ratio line
How many Lb of Soybean Oil one T of Hot-Rolled Coil Steel buys, over 1Y.
HRC-STEEL/ZL ratio candles
Open, high, low and close of the HRC-STEEL/ZL ratio for each period in the last 1Y.
Hot-Rolled Coil Steel and Soybean Oil 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 soybean oil ratio
Hot-Rolled Coil Steel to Soybean Oil ratio = Hot-Rolled Coil Steel price per Metric Ton ÷ Soybean Oil price per Pound
The two legs use different units, so the result is a rate — Pounds of soybean oil per Metric Ton of hot-rolled coil steel — rather than a plain count.
Worked example, live prices: $1,197.06 ÷ $0.6799 = 1761. The inverse is 0.0005680.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the hot-rolled coil steel to soybean oil ratio today?
The hot-rolled coil steel to soybean oil ratio is 1761 — Hot-Rolled Coil Steel at $1,197.06 per Metric Ton divided by Soybean Oil at $0.6799 per Pound, from live mid-market prices.
How do you calculate the hot-rolled coil steel to soybean oil ratio?
Divide the hot-rolled coil steel price per Metric Ton by the soybean oil price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of soybean oil per Metric Ton of hot-rolled coil steel.
What is the inverse of the hot-rolled coil steel to soybean oil ratio?
The inverse, soybean oil to hot-rolled coil steel, is 0.0005680 — how many Metric Tons of hot-rolled coil steel one Pound of soybean oil buys.