Commodity ratio · live
Naphtha to Wheat Futures Ratio
The naphtha to wheat futures ratio is 1.090 — Naphtha at $757.20 per Metric Ton divided by Wheat Futures at $694.92 per Ounce.
Prices as of Aug 24, 2026, 11:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Naphtha to Wheat Futures ratio
1.000 T of naphtha = 1.090 Oz of wheat futures
Inverse (ZW-FUT/NAPHTHA): 0.9177 — one Ounce of wheat futures buys that much naphtha.
Close to the middle of its 1 year range. (52th percentile of the last 1 year)
Naphtha
$757.20
per Metric Ton
Wheat Futures
$694.92
per Ounce
Unit basis: USD per Metric Ton ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Metric Ton of naphtha. Prices as of Mon, 24 Aug 2026 11:29:41 GMT.
1Y average
1.152
median 1.081
1Y low
0.9413
Jan 7, 2026
1Y high
1.745
Apr 7, 2026
Normal band
0.9699–1.334
mean ± 1 std dev
Deviation from mean
-0.34σ
325 observations
Naphtha to Wheat Futures ratio charts
Pick a range once — it applies to the NAPHTHA/ZW-FUT ratio line, the OHLC candles and the Naphtha / Wheat Futures price chart below.
NAPHTHA/ZW-FUT ratio line
How many Oz of Wheat Futures one T of Naphtha buys, over 1Y.
NAPHTHA/ZW-FUT ratio candles
Open, high, low and close of the NAPHTHA/ZW-FUT ratio for each period in the last 1Y.
Naphtha and Wheat 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 wheat futures ratio
Naphtha to Wheat Futures ratio = Naphtha price per Metric Ton ÷ Wheat Futures price per Ounce
The two legs use different units, so the result is a rate — Ounces of wheat futures per Metric Ton of naphtha — rather than a plain count.
Worked example, live prices: $757.20 ÷ $694.92 = 1.090. The inverse is 0.9177.
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 wheat futures ratio today?
The naphtha to wheat futures ratio is 1.090 — Naphtha at $757.20 per Metric Ton divided by Wheat Futures at $694.92 per Ounce, from live mid-market prices.
How do you calculate the naphtha to wheat futures ratio?
Divide the naphtha price per Metric Ton by the wheat futures price per Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Ounces of wheat futures per Metric Ton of naphtha.
What is the inverse of the naphtha to wheat futures ratio?
The inverse, wheat futures to naphtha, is 0.9177 — how many Metric Tons of naphtha one Ounce of wheat futures buys.