Commodity ratio · live
Soft Logs to Steel Ratio
The soft logs to steel ratio is 0.06187 — Soft Logs at $189.68 per Cubic Meter divided by Steel at $3,066.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soft Logs to Steel ratio
1.000 cum of soft logs = 0.06187 T of steel
Inverse (STEEL/LOGORE): 16.16 — one Metric Ton of steel buys that much soft logs.
Soft Logs
$189.68
per Cubic Meter
Steel
¥3,066.00
per Metric Ton
Unit basis: USD per Cubic Meter ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Cubic Meter of soft logs. Prices as of Mon, 24 Aug 2026 10:29:19 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.
Soft Logs to Steel ratio charts
Pick a range once — it applies to the LOGORE/STEEL ratio line, the OHLC candles and the Soft Logs / Steel price chart below.
LOGORE/STEEL ratio line
How many T of Steel one cum of Soft Logs buys, over 1Y.
No overlapping history for LOGORE/STEEL over 1Y. Try a longer range.
LOGORE/STEEL ratio candles
Open, high, low and close of the LOGORE/STEEL ratio for each period in the last 1Y.
No overlapping history for LOGORE/STEEL over 1Y. Try a longer range.
Soft Logs and Steel prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the soft logs to steel ratio
Soft Logs to Steel ratio = Soft Logs price per Cubic Meter ÷ Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of steel per Cubic Meter of soft logs — rather than a plain count.
Worked example, live prices: $189.68 ÷ $3,066.00 = 0.06187. The inverse is 16.16.
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 soft logs to steel ratio today?
The soft logs to steel ratio is 0.06187 — Soft Logs at $189.68 per Cubic Meter divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.
How do you calculate the soft logs to steel ratio?
Divide the soft logs price per Cubic Meter by the steel 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 steel per Cubic Meter of soft logs.
What is the inverse of the soft logs to steel ratio?
The inverse, steel to soft logs, is 16.16 — how many Cubic Meters of soft logs one Metric Ton of steel buys.