Commodity ratio · live
Lead Futures to Nickel Futures Ratio
The lead futures to nickel futures ratio is 0.1123 — Lead Futures at $1,910.33 per Metric Ton divided by Nickel Futures at $17,007.63 per Metric Ton.
Prices as of Aug 24, 2026, 11:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lead Futures to Nickel Futures ratio
1.000 T of lead futures = 0.1123 T of nickel futures
Inverse (NICKEL-FUT/LEAD-FUT): 8.903 — one Metric Ton of nickel futures buys that much lead futures.
Close to the middle of its 1 year range. (42th percentile of the last 1 year)
Lead Futures
$1,910.33
per Metric Ton
Nickel Futures
$17,007.63
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Metric Ton of lead futures. Prices as of Mon, 24 Aug 2026 11:35:33 GMT.
1Y average
0.1182
median 0.1134
1Y low
0.09881
May 5, 2026
1Y high
0.1424
Nov 16, 2025
Normal band
0.1072–0.1292
mean ± 1 std dev
Deviation from mean
-0.53σ
348 observations
Lead Futures to Nickel Futures ratio charts
Pick a range once — it applies to the LEAD-FUT/NICKEL-FUT ratio line, the OHLC candles and the Lead Futures / Nickel Futures price chart below.
LEAD-FUT/NICKEL-FUT ratio line
How many T of Nickel Futures one T of Lead Futures buys, over 1Y.
LEAD-FUT/NICKEL-FUT ratio candles
Open, high, low and close of the LEAD-FUT/NICKEL-FUT ratio for each period in the last 1Y.
Lead Futures 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 lead futures to nickel futures ratio
Lead Futures to Nickel Futures ratio = Lead Futures price per Metric Ton ÷ Nickel Futures price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $1,910.33 ÷ $17,007.63 = 0.1123. The inverse is 8.903.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the lead futures to nickel futures ratio today?
The lead futures to nickel futures ratio is 0.1123 — Lead Futures at $1,910.33 per Metric Ton divided by Nickel Futures at $17,007.63 per Metric Ton, from live mid-market prices.
How do you calculate the lead futures to nickel futures ratio?
Divide the lead futures 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 lead futures.
What is the inverse of the lead futures to nickel futures ratio?
The inverse, nickel futures to lead futures, is 8.903 — how many Metric Tons of lead futures one Metric Ton of nickel futures buys.