Commodity ratio · live

Lead Futures to Lamb Ratio

The lead futures to lamb ratio is 2.824 Lead Futures at $1,909.88 per Metric Ton divided by Lamb at $676.41 per Kilogram.

Prices as of Aug 24, 2026, 10:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Lead Futures to Lamb ratio

2.824+0.48% / 1Y

1.000 T of lead futures = 2.824 kg of lamb

Inverse (LAMB/LEAD-FUT): 0.3542 — one Kilogram of lamb buys that much lead futures.

Near the top of its 1 year range — historically stretched. (92th percentile of the last 1 year)

Lead Futures

$1,909.88

per Metric Ton

Lamb

$676.41

per Kilogram

Unit basis: USD per Metric Ton ÷ USD per Kilogram. The ratio reads as Kilograms of lamb per Metric Ton of lead futures. Prices as of Mon, 24 Aug 2026 10:29:24 GMT.

1Y average

2.807

median 2.807

1Y low

2.771

Aug 18, 2026

1Y high

2.831

Aug 20, 2026

Normal band

2.795–2.819

mean ± 1 std dev

Deviation from mean

+1.33σ

13 observations

Lead Futures to Lamb ratio charts

Pick a range once — it applies to the LEAD-FUT/LAMB ratio line, the OHLC candles and the Lead Futures / Lamb price chart below.

LEAD-FUT/LAMB ratio line

How many kg of Lamb one T of Lead Futures buys, over 1Y.

LEAD-FUT/LAMB ratio candles

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

Lead Futures and Lamb 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 lamb ratio

Lead Futures to Lamb ratio = Lead Futures price per Metric Ton ÷ Lamb price per Kilogram

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

Worked example, live prices: $1,909.88 ÷ $676.41 = 2.824. The inverse is 0.3542.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the lead futures to lamb ratio today?

The lead futures to lamb ratio is 2.824 — Lead Futures at $1,909.88 per Metric Ton divided by Lamb at $676.41 per Kilogram, from live mid-market prices.

How do you calculate the lead futures to lamb ratio?

Divide the lead futures price per Metric Ton by the lamb price per Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as Kilograms of lamb per Metric Ton of lead futures.

What is the inverse of the lead futures to lamb ratio?

The inverse, lamb to lead futures, is 0.3542 — how many Metric Tons of lead futures one Kilogram of lamb buys.

Lead Futures to Lamb Ratio — 2.824 Today | CommodityPriceAPI