Commodity ratio · live

Milk to Naphtha Ratio

The milk to naphtha ratio is 0.02196 Milk at $16.63 per Hundredweight divided by Naphtha at $757.20 per Metric Ton.

Prices as of Aug 24, 2026, 10:39 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Hundredweight

Milk to Naphtha ratio

0.02196-28.89% / 1Y

1.000 Cwt of milk = 0.02196 T of naphtha

Inverse (NAPHTHA/MILK): 45.53 — one Metric Ton of naphtha buys that much milk.

Below its 1 year average. (27th percentile of the last 1 year)

Milk

$16.63

per Hundredweight

Naphtha

$757.20

per Metric Ton

Unit basis: USD per Hundredweight ÷ USD per Metric Ton. The ratio reads as Metric Tons of naphtha per Hundredweight of milk. Prices as of Mon, 24 Aug 2026 10:39:27 GMT.

1Y average

0.02595

median 0.02617

1Y low

0.01715

Apr 7, 2026

1Y high

0.03370

Nov 28, 2025

Normal band

0.02084–0.03107

mean ± 1 std dev

Deviation from mean

-0.78σ

359 observations

Milk to Naphtha ratio charts

Pick a range once — it applies to the MILK/NAPHTHA ratio line, the OHLC candles and the Milk / Naphtha price chart below.

MILK/NAPHTHA ratio line

How many T of Naphtha one Cwt of Milk buys, over 1Y.

MILK/NAPHTHA ratio candles

Open, high, low and close of the MILK/NAPHTHA ratio for each period in the last 1Y.

Milk and Naphtha prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the milk to naphtha ratio

Milk to Naphtha ratio = Milk price per Hundredweight ÷ Naphtha price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of naphtha per Hundredweight of milk — rather than a plain count.

Worked example, live prices: $16.63 ÷ $757.20 = 0.02196. The inverse is 45.53.

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 milk to naphtha ratio today?

The milk to naphtha ratio is 0.02196 — Milk at $16.63 per Hundredweight divided by Naphtha at $757.20 per Metric Ton, from live mid-market prices.

How do you calculate the milk to naphtha ratio?

Divide the milk price per Hundredweight by the naphtha 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 naphtha per Hundredweight of milk.

What is the inverse of the milk to naphtha ratio?

The inverse, naphtha to milk, is 45.53 — how many Hundredweights of milk one Metric Ton of naphtha buys.