Commodity ratio · live
Lumber Futures to Copper Futures Ratio
The lumber futures to copper futures ratio is 86.90 — Lumber Futures at $573.54 per Thousand Board Feet divided by Copper Futures at $6.60 per Pound.
Prices as of Aug 24, 2026, 12:25 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lumber Futures to Copper Futures ratio
1.000 Mbf of lumber futures = 86.900 Lb of copper futures
Inverse (HG-FUT/LB-FUT): 0.01151 — one Pound of copper futures buys that much lumber futures.
Near the bottom of its 1 year range — historically compressed. (2th percentile of the last 1 year)
Lumber Futures
$573.54
per Thousand Board Feet
Copper Futures
$6.60
per Pound
Unit basis: USD per Thousand Board Feet ÷ USD per Pound. The ratio reads as Pounds of copper futures per Thousand Board Feet of lumber futures. Prices as of Mon, 24 Aug 2026 12:25:59 GMT.
1Y average
102.4
median 100.7
1Y low
83.21
Aug 15, 2026
1Y high
138.3
Aug 24, 2025
Normal band
92.47–112.4
mean ± 1 std dev
Deviation from mean
-1.56σ
327 observations
Lumber Futures to Copper Futures ratio charts
Pick a range once — it applies to the LB-FUT/HG-FUT ratio line, the OHLC candles and the Lumber Futures / Copper Futures price chart below.
LB-FUT/HG-FUT ratio line
How many Lb of Copper Futures one Mbf of Lumber Futures buys, over 1Y.
LB-FUT/HG-FUT ratio candles
Open, high, low and close of the LB-FUT/HG-FUT ratio for each period in the last 1Y.
Lumber Futures and Copper Futures 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 copper futures ratio
Lumber Futures to Copper Futures ratio = Lumber Futures price per Thousand Board Feet ÷ Copper Futures price per Pound
The two legs use different units, so the result is a rate — Pounds of copper futures per Thousand Board Feet of lumber futures — rather than a plain count.
Worked example, live prices: $573.54 ÷ $6.60 = 86.90. The inverse is 0.01151.
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 copper futures ratio today?
The lumber futures to copper futures ratio is 86.90 — Lumber Futures at $573.54 per Thousand Board Feet divided by Copper Futures at $6.60 per Pound, from live mid-market prices.
How do you calculate the lumber futures to copper futures ratio?
Divide the lumber futures price per Thousand Board Feet by the copper futures price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of copper futures per Thousand Board Feet of lumber futures.
What is the inverse of the lumber futures to copper futures ratio?
The inverse, copper futures to lumber futures, is 0.01151 — how many Thousand Board Feets of lumber futures one Pound of copper futures buys.