Commodity ratio · live

Lead Futures to Neodymium Ratio

The lead futures to neodymium ratio is 0.002005 Lead Futures at $1,910.13 per Metric Ton divided by Neodymium at $952,500.00 per Metric Ton.

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

Metric Ton

Lead Futures to Neodymium ratio

0.002005-21.09% / 1Y

1.000 T of lead futures = 0.002005 T of neodymium

Inverse (NDYM/LEAD-FUT): 498.7 — one Metric Ton of neodymium buys that much lead futures.

Close to the middle of its 1 year range. (46th percentile of the last 1 year)

Lead Futures

$1,910.13

per Metric Ton

Neodymium

$952,500.00

per Metric Ton

Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of neodymium per Metric Ton of lead futures. Prices as of Mon, 24 Aug 2026 11:23:44 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

0.002257

median 0.002063

1Y low

0.001691

Mar 2, 2026

1Y high

0.003030

Oct 29, 2025

Normal band

0.001849–0.002665

mean ± 1 std dev

Deviation from mean

-0.62σ

337 observations

Lead Futures to Neodymium ratio charts

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

LEAD-FUT/NDYM ratio line

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

LEAD-FUT/NDYM ratio candles

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

Lead Futures and Neodymium 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 neodymium ratio

Lead Futures to Neodymium ratio = Lead Futures price per Metric Ton ÷ Neodymium price per Metric Ton

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

Worked example, live prices: $1,910.13 ÷ $952,500.00 = 0.002005. The inverse is 498.7.

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 lead futures to neodymium ratio today?

The lead futures to neodymium ratio is 0.002005 — Lead Futures at $1,910.13 per Metric Ton divided by Neodymium at $952,500.00 per Metric Ton, from live mid-market prices.

How do you calculate the lead futures to neodymium ratio?

Divide the lead futures price per Metric Ton by the neodymium 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 neodymium per Metric Ton of lead futures.

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

The inverse, neodymium to lead futures, is 498.7 — how many Metric Tons of lead futures one Metric Ton of neodymium buys.

Lead Futures to Neodymium Ratio — 0.002005 Today | CommodityPriceAPI