Commodity ratio · live
Lamb to Nickel Futures Ratio
The lamb to nickel futures ratio is 0.03979 — Lamb at $676.41 per Kilogram divided by Nickel Futures at $17,000.13 per Metric Ton.
Prices as of Aug 24, 2026, 10:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lamb to Nickel Futures ratio
1.000 kg of lamb = 0.03979 T of nickel futures
Inverse (NICKEL-FUT/LAMB): 25.13 — one Metric Ton of nickel futures buys that much lamb.
Below its 1 year average. (23th percentile of the last 1 year)
Lamb
$676.41
per Kilogram
Nickel Futures
$17,000.13
per Metric Ton
Unit basis: USD per Kilogram ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Kilogram of lamb. Prices as of Mon, 24 Aug 2026 10:34:23 GMT.
1Y average
0.04004
median 0.04005
1Y low
0.03926
Aug 5, 2026
1Y high
0.04065
Aug 12, 2026
Normal band
0.03978–0.04030
mean ± 1 std dev
Deviation from mean
-0.96σ
13 observations
Lamb to Nickel Futures ratio charts
Pick a range once — it applies to the LAMB/NICKEL-FUT ratio line, the OHLC candles and the Lamb / Nickel Futures price chart below.
LAMB/NICKEL-FUT ratio line
How many T of Nickel Futures one kg of Lamb buys, over 1Y.
LAMB/NICKEL-FUT ratio candles
Open, high, low and close of the LAMB/NICKEL-FUT ratio for each period in the last 1Y.
Lamb and Nickel Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the lamb to nickel futures ratio
Lamb to Nickel Futures ratio = Lamb price per Kilogram ÷ Nickel Futures price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of nickel futures per Kilogram of lamb — rather than a plain count.
Worked example, live prices: $676.41 ÷ $17,000.13 = 0.03979. The inverse is 25.13.
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 lamb to nickel futures ratio today?
The lamb to nickel futures ratio is 0.03979 — Lamb at $676.41 per Kilogram divided by Nickel Futures at $17,000.13 per Metric Ton, from live mid-market prices.
How do you calculate the lamb to nickel futures ratio?
Divide the lamb price per Kilogram by the nickel futures 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 nickel futures per Kilogram of lamb.
What is the inverse of the lamb to nickel futures ratio?
The inverse, nickel futures to lamb, is 25.13 — how many Kilograms of lamb one Metric Ton of nickel futures buys.