Commodity ratio · live
Lumber Futures to Bitumen Ratio
The lumber futures to bitumen ratio is 0.1262 — Lumber Futures at $573.54 per Thousand Board Feet divided by Bitumen at $4,544.00 per Metric Ton.
Prices as of Aug 24, 2026, 12:12 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lumber Futures to Bitumen ratio
1.000 Mbf of lumber futures = 0.1262 T of bitumen
Inverse (BIT/LB-FUT): 7.923 — one Metric Ton of bitumen buys that much lumber futures.
Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)
Lumber Futures
$573.54
per Thousand Board Feet
Bitumen
¥4,544.00
per Metric Ton
Unit basis: USD per Thousand Board Feet ÷ CNY per Metric Ton. The ratio reads as Metric Tons of bitumen per Thousand Board Feet of lumber futures. Prices as of Mon, 24 Aug 2026 12:12:54 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.1601
median 0.1602
1Y low
0.1237
Apr 29, 2026
1Y high
0.2009
Oct 20, 2025
Normal band
0.1402–0.1799
mean ± 1 std dev
Deviation from mean
-1.71σ
312 observations
Lumber Futures to Bitumen ratio charts
Pick a range once — it applies to the LB-FUT/BIT ratio line, the OHLC candles and the Lumber Futures / Bitumen price chart below.
LB-FUT/BIT ratio line
How many T of Bitumen one Mbf of Lumber Futures buys, over 1Y.
LB-FUT/BIT ratio candles
Open, high, low and close of the LB-FUT/BIT ratio for each period in the last 1Y.
Lumber Futures and Bitumen prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the lumber futures to bitumen ratio
Lumber Futures to Bitumen ratio = Lumber Futures price per Thousand Board Feet ÷ Bitumen price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of bitumen per Thousand Board Feet of lumber futures — rather than a plain count.
Worked example, live prices: $573.54 ÷ $4,544.00 = 0.1262. The inverse is 7.923.
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 lumber futures to bitumen ratio today?
The lumber futures to bitumen ratio is 0.1262 — Lumber Futures at $573.54 per Thousand Board Feet divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.
How do you calculate the lumber futures to bitumen ratio?
Divide the lumber futures price per Thousand Board Feet by the bitumen 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 bitumen per Thousand Board Feet of lumber futures.
What is the inverse of the lumber futures to bitumen ratio?
The inverse, bitumen to lumber futures, is 7.923 — how many Thousand Board Feets of lumber futures one Metric Ton of bitumen buys.