Commodity ratio · live
Naphtha to Soybean Meal Ratio
The naphtha to soybean meal ratio is 2.310 — Naphtha at $757.20 per Metric Ton divided by Soybean Meal at $327.76 per Bushel.
Prices as of Aug 24, 2026, 11:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Naphtha to Soybean Meal ratio
1.000 T of naphtha = 2.310 Bu of soybean meal
Inverse (ZM/NAPHTHA): 0.4329 — one Bushel of soybean meal buys that much naphtha.
Close to the middle of its 1 year range. (69th percentile of the last 1 year)
Naphtha
$757.20
per Metric Ton
Soybean Meal
$327.76
per Bushel
Unit basis: USD per Metric Ton ÷ USD per Bushel. The ratio reads as Bushels of soybean meal per Metric Ton of naphtha. Prices as of Mon, 24 Aug 2026 11:27:58 GMT.
1Y average
2.121
median 2.001
1Y low
1.594
Nov 28, 2025
1Y high
3.257
Apr 7, 2026
Normal band
1.722–2.520
mean ± 1 std dev
Deviation from mean
+0.47σ
248 observations
Naphtha to Soybean Meal ratio charts
Pick a range once — it applies to the NAPHTHA/ZM ratio line, the OHLC candles and the Naphtha / Soybean Meal price chart below.
NAPHTHA/ZM ratio line
How many Bu of Soybean Meal one T of Naphtha buys, over 1Y.
NAPHTHA/ZM ratio candles
Open, high, low and close of the NAPHTHA/ZM ratio for each period in the last 1Y.
Naphtha and Soybean Meal 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 soybean meal ratio
Naphtha to Soybean Meal ratio = Naphtha price per Metric Ton ÷ Soybean Meal price per Bushel
The two legs use different units, so the result is a rate — Bushels of soybean meal per Metric Ton of naphtha — rather than a plain count.
Worked example, live prices: $757.20 ÷ $327.76 = 2.310. The inverse is 0.4329.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the naphtha to soybean meal ratio today?
The naphtha to soybean meal ratio is 2.310 — Naphtha at $757.20 per Metric Ton divided by Soybean Meal at $327.76 per Bushel, from live mid-market prices.
How do you calculate the naphtha to soybean meal ratio?
Divide the naphtha price per Metric Ton by the soybean meal price per Bushel. If the two units differ, the result is a rate rather than a plain count — read it as Bushels of soybean meal per Metric Ton of naphtha.
What is the inverse of the naphtha to soybean meal ratio?
The inverse, soybean meal to naphtha, is 0.4329 — how many Metric Tons of naphtha one Bushel of soybean meal buys.