Commodity ratio · live

Neodymium to Lead Futures Ratio

The neodymium to lead futures ratio is 498.7 Neodymium at $952,500.00 per Metric Ton divided by Lead Futures at $1,910.13 per Metric Ton.

Prices as of Aug 24, 2026, 11:23 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Neodymium to Lead Futures ratio

498.7+26.73% / 1Y

1.000 T of neodymium = 498.657 T of lead futures

Inverse (LEAD-FUT/NDYM): 0.002005 — one Metric Ton of lead futures buys that much neodymium.

Close to the middle of its 1 year range. (54th percentile of the last 1 year)

Neodymium

$952,500.00

per Metric Ton

Lead Futures

$1,910.13

per Metric Ton

Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of lead futures per Metric Ton of neodymium. Prices as of Mon, 24 Aug 2026 11:23:44 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

457.2

median 484.6

1Y low

330.0

Oct 29, 2025

1Y high

591.3

Mar 2, 2026

Normal band

379.1–535.2

mean ± 1 std dev

Deviation from mean

+0.53σ

337 observations

Neodymium to Lead Futures ratio charts

Pick a range once — it applies to the NDYM/LEAD-FUT ratio line, the OHLC candles and the Neodymium / Lead Futures price chart below.

NDYM/LEAD-FUT ratio line

How many T of Lead Futures one T of Neodymium buys, over 1Y.

NDYM/LEAD-FUT ratio candles

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

Neodymium and Lead 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 lead futures ratio

Neodymium to Lead Futures ratio = Neodymium price per Metric Ton ÷ Lead Futures price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of lead futures per Metric Ton of neodymium — rather than a plain count.

Worked example, live prices: $952,500.00 ÷ $1,910.13 = 498.7. The inverse is 0.002005.

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 neodymium to lead futures ratio today?

The neodymium to lead futures ratio is 498.7 — Neodymium at $952,500.00 per Metric Ton divided by Lead Futures at $1,910.13 per Metric Ton, from live mid-market prices.

How do you calculate the neodymium to lead futures ratio?

Divide the neodymium price per Metric Ton by the lead 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 lead futures per Metric Ton of neodymium.

What is the inverse of the neodymium to lead futures ratio?

The inverse, lead futures to neodymium, is 0.002005 — how many Metric Tons of neodymium one Metric Ton of lead futures buys.

Neodymium to Lead Futures Ratio — 498.7 Today | CommodityPriceAPI