Commodity ratio · live

Naphtha to Nickel Futures Ratio

The naphtha to nickel futures ratio is 0.04455 Naphtha at $757.20 per Metric Ton divided by Nickel Futures at $16,995.38 per Metric Ton.

Prices as of Aug 24, 2026, 10:38 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Naphtha to Nickel Futures ratio

0.04455+23.26% / 1Y

1.000 T of naphtha = 0.04455 T of nickel futures

Inverse (NICKEL-FUT/NAPHTHA): 22.45 — one Metric Ton of nickel futures buys that much naphtha.

Above its 1 year average. (78th percentile of the last 1 year)

Naphtha

$757.20

per Metric Ton

Nickel Futures

$16,995.38

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 naphtha. Prices as of Mon, 24 Aug 2026 10:38:56 GMT.

1Y average

0.03900

median 0.03706

1Y low

0.02606

Jan 7, 2026

1Y high

0.05902

Apr 7, 2026

Normal band

0.03234–0.04566

mean ± 1 std dev

Deviation from mean

+0.83σ

361 observations

Naphtha to Nickel Futures ratio charts

Pick a range once — it applies to the NAPHTHA/NICKEL-FUT ratio line, the OHLC candles and the Naphtha / Nickel Futures price chart below.

NAPHTHA/NICKEL-FUT ratio line

How many T of Nickel Futures one T of Naphtha buys, over 1Y.

NAPHTHA/NICKEL-FUT ratio candles

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

Naphtha 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 naphtha to nickel futures ratio

Naphtha to Nickel Futures ratio = Naphtha 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: $757.20 ÷ $16,995.38 = 0.04455. The inverse is 22.45.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the naphtha to nickel futures ratio today?

The naphtha to nickel futures ratio is 0.04455 — Naphtha at $757.20 per Metric Ton divided by Nickel Futures at $16,995.38 per Metric Ton, from live mid-market prices.

How do you calculate the naphtha to nickel futures ratio?

Divide the naphtha 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 naphtha.

What is the inverse of the naphtha to nickel futures ratio?

The inverse, nickel futures to naphtha, is 22.45 — how many Metric Tons of naphtha one Metric Ton of nickel futures buys.