Commodity ratio · live

Lithium to Nickel Futures Ratio

The lithium to nickel futures ratio is 9.445 Lithium at $160,500.00 per Metric Ton divided by Nickel Futures at $16,992.38 per Metric Ton.

Prices as of Aug 24, 2026, 10:41 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Lithium to Nickel Futures ratio

9.445+83.46% / 1Y

1.000 T of lithium = 9.445 T of nickel futures

Inverse (NICKEL-FUT/LC): 0.1059 — one Metric Ton of nickel futures buys that much lithium.

Above its 1 year average. (88th percentile of the last 1 year)

Lithium

¥160,500.00

per Metric Ton

Nickel Futures

$16,992.38

per Metric Ton

Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Metric Ton of lithium. Prices as of Mon, 24 Aug 2026 10:41:53 GMT.

These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

7.786

median 8.601

1Y low

4.604

Sep 12, 2025

1Y high

10.81

May 13, 2026

Normal band

5.982–9.590

mean ± 1 std dev

Deviation from mean

+0.92σ

363 observations

Lithium to Nickel Futures ratio charts

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

LC/NICKEL-FUT ratio line

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

LC/NICKEL-FUT ratio candles

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

Lithium 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 lithium to nickel futures ratio

Lithium to Nickel Futures ratio = Lithium price per Metric Ton ÷ Nickel Futures price per Metric Ton

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

Worked example, live prices: $160,500.00 ÷ $16,992.38 = 9.445. The inverse is 0.1059.

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 lithium to nickel futures ratio today?

The lithium to nickel futures ratio is 9.445 — Lithium at $160,500.00 per Metric Ton divided by Nickel Futures at $16,992.38 per Metric Ton, from live mid-market prices.

How do you calculate the lithium to nickel futures ratio?

Divide the lithium price per Metric Ton 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 Metric Ton of lithium.

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

The inverse, nickel futures to lithium, is 0.1059 — how many Metric Tons of lithium one Metric Ton of nickel futures buys.