Commodity ratio · live

Kraft Pulp to Wheat Futures Ratio

The kraft pulp to wheat futures ratio is 7.041 Kraft Pulp at $4,884.00 per Metric Ton divided by Wheat Futures at $693.64 per Ounce.

Prices as of Aug 24, 2026, 10:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Kraft Pulp to Wheat Futures ratio

7.041-26.55% / 1Y

1.000 T of kraft pulp = 7.041 Oz of wheat futures

Inverse (ZW-FUT/K-PULP): 0.1420 — one Ounce of wheat futures buys that much kraft pulp.

Near the bottom of its 1 year range — historically compressed. (4th percentile of the last 1 year)

Kraft Pulp

$4,884.00

per Metric Ton

Wheat Futures

$693.64

per Ounce

Unit basis: USD per Metric Ton ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Metric Ton of kraft pulp. Prices as of Mon, 24 Aug 2026 10:34:58 GMT.

1Y average

8.751

median 8.742

1Y low

6.784

Jul 22, 2026

1Y high

10.92

Jan 2, 2026

Normal band

7.746–9.757

mean ± 1 std dev

Deviation from mean

-1.70σ

315 observations

Kraft Pulp to Wheat Futures ratio charts

Pick a range once — it applies to the K-PULP/ZW-FUT ratio line, the OHLC candles and the Kraft Pulp / Wheat Futures price chart below.

K-PULP/ZW-FUT ratio line

How many Oz of Wheat Futures one T of Kraft Pulp buys, over 1Y.

K-PULP/ZW-FUT ratio candles

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

Kraft Pulp and Wheat Futures prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the kraft pulp to wheat futures ratio

Kraft Pulp to Wheat Futures ratio = Kraft Pulp price per Metric Ton ÷ Wheat Futures price per Ounce

The two legs use different units, so the result is a rate — Ounces of wheat futures per Metric Ton of kraft pulp — rather than a plain count.

Worked example, live prices: $4,884.00 ÷ $693.64 = 7.041. The inverse is 0.1420.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the kraft pulp to wheat futures ratio today?

The kraft pulp to wheat futures ratio is 7.041 — Kraft Pulp at $4,884.00 per Metric Ton divided by Wheat Futures at $693.64 per Ounce, from live mid-market prices.

How do you calculate the kraft pulp to wheat futures ratio?

Divide the kraft pulp price per Metric Ton by the wheat futures price per Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Ounces of wheat futures per Metric Ton of kraft pulp.

What is the inverse of the kraft pulp to wheat futures ratio?

The inverse, wheat futures to kraft pulp, is 0.1420 — how many Metric Tons of kraft pulp one Ounce of wheat futures buys.

Kraft Pulp to Wheat Futures Ratio — 7.041 Today | CommodityPriceAPI