Commodity ratio · live
Neodymium to Heating Oil Futures Ratio
The neodymium to heating oil futures ratio is 216970 — Neodymium at $952,500.00 per Metric Ton divided by Heating Oil Futures at $4.39 per Gallan.
Prices as of Aug 24, 2026, 11:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Neodymium to Heating Oil Futures ratio
1.000 T of neodymium = 216,970.4 Gal of heating oil futures
Inverse (HO-FUT/NDYM): 0.000004609 — one Gallan of heating oil futures buys that much neodymium.
Near the bottom of its 1 year range — historically compressed. (4th percentile of the last 1 year)
Neodymium
$952,500.00
per Metric Ton
Heating Oil Futures
$4.39
per Gallan
Unit basis: CNY per Metric Ton ÷ USD per Gallan. The ratio reads as Gallans of heating oil futures per Metric Ton of neodymium. Prices as of Mon, 24 Aug 2026 11:29:38 GMT.
These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
298807
median 288732
1Y low
208068
Mar 20, 2026
1Y high
455319
Feb 17, 2026
Normal band
243475–354140
mean ± 1 std dev
Deviation from mean
-1.48σ
317 observations
Neodymium to Heating Oil Futures ratio charts
Pick a range once — it applies to the NDYM/HO-FUT ratio line, the OHLC candles and the Neodymium / Heating Oil Futures price chart below.
NDYM/HO-FUT ratio line
How many Gal of Heating Oil Futures one T of Neodymium buys, over 1Y.
NDYM/HO-FUT ratio candles
Open, high, low and close of the NDYM/HO-FUT ratio for each period in the last 1Y.
Neodymium and Heating Oil Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the neodymium to heating oil futures ratio
Neodymium to Heating Oil Futures ratio = Neodymium price per Metric Ton ÷ Heating Oil Futures price per Gallan
The two legs use different units, so the result is a rate — Gallans of heating oil futures per Metric Ton of neodymium — rather than a plain count.
Worked example, live prices: $952,500.00 ÷ $4.39 = 216970. The inverse is 0.000004609.
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 neodymium to heating oil futures ratio today?
The neodymium to heating oil futures ratio is 216970 — Neodymium at $952,500.00 per Metric Ton divided by Heating Oil Futures at $4.39 per Gallan, from live mid-market prices.
How do you calculate the neodymium to heating oil futures ratio?
Divide the neodymium price per Metric Ton by the heating oil futures price per Gallan. If the two units differ, the result is a rate rather than a plain count — read it as Gallans of heating oil futures per Metric Ton of neodymium.
What is the inverse of the neodymium to heating oil futures ratio?
The inverse, heating oil futures to neodymium, is 0.000004609 — how many Metric Tons of neodymium one Gallan of heating oil futures buys.