Commodity ratio · live
Lumber Futures to Natural Gas Futures Ratio
The lumber futures to natural gas futures ratio is 203.4 — Lumber Futures at $573.54 per Thousand Board Feet divided by Natural Gas Futures at $2.82 per Million British Thermal Units.
Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lumber Futures to Natural Gas Futures ratio
1.000 Mbf of lumber futures = 203.383 MMBtu of natural gas futures
Inverse (NG-FUT/LB-FUT): 0.004917 — one Million British Thermal Units of natural gas futures buys that much lumber futures.
Above its 1 year average. (72th percentile of the last 1 year)
Lumber Futures
$573.54
per Thousand Board Feet
Natural Gas Futures
$2.82
per Million British Thermal Units
Unit basis: USD per Thousand Board Feet ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas futures per Thousand Board Feet of lumber futures. Prices as of Mon, 24 Aug 2026 12:24:36 GMT.
1Y average
182.3
median 192.5
1Y low
86.39
Jan 25, 2026
1Y high
242.0
Jul 28, 2026
Normal band
149.2–215.4
mean ± 1 std dev
Deviation from mean
+0.64σ
332 observations
Lumber Futures to Natural Gas Futures ratio charts
Pick a range once — it applies to the LB-FUT/NG-FUT ratio line, the OHLC candles and the Lumber Futures / Natural Gas Futures price chart below.
LB-FUT/NG-FUT ratio line
How many MMBtu of Natural Gas Futures one Mbf of Lumber Futures buys, over 1Y.
LB-FUT/NG-FUT ratio candles
Open, high, low and close of the LB-FUT/NG-FUT ratio for each period in the last 1Y.
Lumber Futures and Natural Gas 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 natural gas futures ratio
Lumber Futures to Natural Gas Futures ratio = Lumber Futures price per Thousand Board Feet ÷ Natural Gas Futures price per Million British Thermal Units
The two legs use different units, so the result is a rate — Million British Thermal Unitss of natural gas futures per Thousand Board Feet of lumber futures — rather than a plain count.
Worked example, live prices: $573.54 ÷ $2.82 = 203.4. The inverse is 0.004917.
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 natural gas futures ratio today?
The lumber futures to natural gas futures ratio is 203.4 — Lumber Futures at $573.54 per Thousand Board Feet divided by Natural Gas Futures at $2.82 per Million British Thermal Units, from live mid-market prices.
How do you calculate the lumber futures to natural gas futures ratio?
Divide the lumber futures price per Thousand Board Feet by the natural gas futures price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas futures per Thousand Board Feet of lumber futures.
What is the inverse of the lumber futures to natural gas futures ratio?
The inverse, natural gas futures to lumber futures, is 0.004917 — how many Thousand Board Feets of lumber futures one Million British Thermal Units of natural gas futures buys.