Commodity ratio · live
Lead Futures to Bitumen Ratio
The lead futures to bitumen ratio is 0.4204 — Lead Futures at $1,910.13 per Metric Ton divided by Bitumen at $4,544.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lead Futures to Bitumen ratio
1.000 T of lead futures = 0.4204 T of bitumen
Inverse (BIT/LEAD-FUT): 2.379 — one Metric Ton of bitumen buys that much lead futures.
Near the bottom of its 1 year range — historically compressed. (2th percentile of the last 1 year)
Lead Futures
$1,910.13
per Metric Ton
Bitumen
¥4,544.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of bitumen per Metric Ton of lead futures. Prices as of Mon, 24 Aug 2026 10:25:38 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.5442
median 0.5407
1Y low
0.4055
Mar 26, 2026
1Y high
0.6986
Nov 12, 2025
Normal band
0.4552–0.6332
mean ± 1 std dev
Deviation from mean
-1.39σ
301 observations
Lead Futures to Bitumen ratio charts
Pick a range once — it applies to the LEAD-FUT/BIT ratio line, the OHLC candles and the Lead Futures / Bitumen price chart below.
LEAD-FUT/BIT ratio line
How many T of Bitumen one T of Lead Futures buys, over 1Y.
LEAD-FUT/BIT ratio candles
Open, high, low and close of the LEAD-FUT/BIT ratio for each period in the last 1Y.
Lead Futures and Bitumen prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the lead futures to bitumen ratio
Lead Futures to Bitumen ratio = Lead Futures price per Metric Ton ÷ Bitumen price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of bitumen per Metric Ton of lead futures — rather than a plain count.
Worked example, live prices: $1,910.13 ÷ $4,544.00 = 0.4204. The inverse is 2.379.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the lead futures to bitumen ratio today?
The lead futures to bitumen ratio is 0.4204 — Lead Futures at $1,910.13 per Metric Ton divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.
How do you calculate the lead futures to bitumen ratio?
Divide the lead futures price per Metric Ton by the bitumen 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 bitumen per Metric Ton of lead futures.
What is the inverse of the lead futures to bitumen ratio?
The inverse, bitumen to lead futures, is 2.379 — how many Metric Tons of lead futures one Metric Ton of bitumen buys.