Commodity ratio · live

Lumber Futures to Nickel Futures Ratio

The lumber futures to nickel futures ratio is 0.03361 Lumber Futures at $573.54 per Thousand Board Feet divided by Nickel Futures at $17,065.63 per Metric Ton.

Prices as of Aug 24, 2026, 12:26 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Thousand Board Feet

Lumber Futures to Nickel Futures ratio

0.03361-5.21% / 1Y

1.000 Mbf of lumber futures = 0.03361 T of nickel futures

Inverse (NICKEL-FUT/LB-FUT): 29.75 — one Metric Ton of nickel futures buys that much lumber futures.

Close to the middle of its 1 year range. (31th percentile of the last 1 year)

Lumber Futures

$573.54

per Thousand Board Feet

Nickel Futures

$17,065.63

per Metric Ton

Unit basis: USD per Thousand Board Feet ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Thousand Board Feet of lumber futures. Prices as of Mon, 24 Aug 2026 12:26:17 GMT.

1Y average

0.03490

median 0.03488

1Y low

0.02791

Jan 7, 2026

1Y high

0.04208

Oct 12, 2025

Normal band

0.03208–0.03772

mean ± 1 std dev

Deviation from mean

-0.46σ

338 observations

Lumber Futures to Nickel Futures ratio charts

Pick a range once — it applies to the LB-FUT/NICKEL-FUT ratio line, the OHLC candles and the Lumber Futures / Nickel Futures price chart below.

LB-FUT/NICKEL-FUT ratio line

How many T of Nickel Futures one Mbf of Lumber Futures buys, over 1Y.

LB-FUT/NICKEL-FUT ratio candles

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

Lumber Futures 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 lumber futures to nickel futures ratio

Lumber Futures to Nickel Futures ratio = Lumber Futures price per Thousand Board Feet ÷ Nickel Futures price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of nickel futures per Thousand Board Feet of lumber futures — rather than a plain count.

Worked example, live prices: $573.54 ÷ $17,065.63 = 0.03361. The inverse is 29.75.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the lumber futures to nickel futures ratio today?

The lumber futures to nickel futures ratio is 0.03361 — Lumber Futures at $573.54 per Thousand Board Feet divided by Nickel Futures at $17,065.63 per Metric Ton, from live mid-market prices.

How do you calculate the lumber futures to nickel futures ratio?

Divide the lumber futures price per Thousand Board Feet 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 Thousand Board Feet of lumber futures.

What is the inverse of the lumber futures to nickel futures ratio?

The inverse, nickel futures to lumber futures, is 29.75 — how many Thousand Board Feets of lumber futures one Metric Ton of nickel futures buys.

Lumber Futures to Nickel Futures Ratio — 0.03361 Today | CommodityPriceAPI