Commodity ratio · live
Sugar, No. 11 to Steel Ratio
The sugar, no. 11 to steel ratio is 0.005626 — Sugar, No. 11 at $17.25 per Pound divided by Steel at $3,066.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:30 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Sugar, No. 11 to Steel ratio
1.000 Lb of sugar, no. 11 = 0.005626 T of steel
Inverse (STEEL/LS11): 177.7 — one Metric Ton of steel buys that much sugar, no. 11.
Near the top of its 1 year range — historically stretched. (98th percentile of the last 1 year)
Sugar, No. 11
$17.25
per Pound
Steel
¥3,066.00
per Metric Ton
Unit basis: USD per Pound ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Pound of sugar, no. 11. Prices as of Mon, 24 Aug 2026 11:30:54 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
0.004831
median 0.004785
1Y low
0.004060
May 7, 2026
1Y high
0.005995
Aug 20, 2026
Normal band
0.004512–0.005149
mean ± 1 std dev
Deviation from mean
+2.50σ
232 observations
Sugar, No. 11 to Steel ratio charts
Pick a range once — it applies to the LS11/STEEL ratio line, the OHLC candles and the Sugar, No. 11 / Steel price chart below.
LS11/STEEL ratio line
How many T of Steel one Lb of Sugar, No. 11 buys, over 1Y.
LS11/STEEL ratio candles
Open, high, low and close of the LS11/STEEL ratio for each period in the last 1Y.
Sugar, No. 11 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 sugar, no. 11 to steel ratio
Sugar, No. 11 to Steel ratio = Sugar, No. 11 price per Pound ÷ Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of steel per Pound of sugar, no. 11 — rather than a plain count.
Worked example, live prices: $17.25 ÷ $3,066.00 = 0.005626. The inverse is 177.7.
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 sugar, no. 11 to steel ratio today?
The sugar, no. 11 to steel ratio is 0.005626 — Sugar, No. 11 at $17.25 per Pound divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.
How do you calculate the sugar, no. 11 to steel ratio?
Divide the sugar, no. 11 price per Pound 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 Pound of sugar, no. 11.
What is the inverse of the sugar, no. 11 to steel ratio?
The inverse, steel to sugar, no. 11, is 177.7 — how many Pounds of sugar, no. 11 one Metric Ton of steel buys.