Commodity ratio · live

Lumber Futures to Propane Ratio

The lumber futures to propane ratio is 764.7 Lumber Futures at $573.54 per Thousand Board Feet divided by Propane at $0.7500 per Gallon.

Prices as of Aug 24, 2026, 11:23 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Thousand Board Feet

Lumber Futures to Propane ratio

764.7-3.80% / 1Y

1.000 Mbf of lumber futures = 764.720 Gal of propane

Inverse (PROP/LB-FUT): 0.001308 — one Gallon of propane buys that much lumber futures.

Below its 1 year average. (28th percentile of the last 1 year)

Lumber Futures

$573.54

per Thousand Board Feet

Propane

$0.7500

per Gallon

Unit basis: USD per Thousand Board Feet ÷ USD per Gallon. The ratio reads as Gallons of propane per Thousand Board Feet of lumber futures. Prices as of Mon, 24 Aug 2026 11:23:11 GMT.

1Y average

816.6

median 823.9

1Y low

626.9

May 4, 2026

1Y high

1012

Jan 16, 2026

Normal band

738.6–894.7

mean ± 1 std dev

Deviation from mean

-0.67σ

335 observations

Lumber Futures to Propane ratio charts

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

LB-FUT/PROP ratio line

How many Gal of Propane one Mbf of Lumber Futures buys, over 1Y.

LB-FUT/PROP ratio candles

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

Lumber Futures and Propane 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 propane ratio

Lumber Futures to Propane ratio = Lumber Futures price per Thousand Board Feet ÷ Propane price per Gallon

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

Worked example, live prices: $573.54 ÷ $0.7500 = 764.7. The inverse is 0.001308.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the lumber futures to propane ratio today?

The lumber futures to propane ratio is 764.7 — Lumber Futures at $573.54 per Thousand Board Feet divided by Propane at $0.7500 per Gallon, from live mid-market prices.

How do you calculate the lumber futures to propane ratio?

Divide the lumber futures price per Thousand Board Feet by the propane price per Gallon. If the two units differ, the result is a rate rather than a plain count — read it as Gallons of propane per Thousand Board Feet of lumber futures.

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

The inverse, propane to lumber futures, is 0.001308 — how many Thousand Board Feets of lumber futures one Gallon of propane buys.

Lumber Futures to Propane Ratio — 764.7 Today | CommodityPriceAPI