Commodity ratio · live
Natural Gas Futures to Cotton Ratio
The natural gas futures to cotton ratio is 3.136 — Natural Gas Futures at $2.76 per Million British Thermal Units divided by Cotton at $0.8800 per Pound.
Prices as of Aug 24, 2026, 10:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Natural Gas Futures to Cotton ratio
1.000 MMBtu of natural gas futures = 3.136 Lb of cotton
Inverse (CT/NG-FUT): 0.3188 — one Pound of cotton buys that much natural gas futures.
Near the bottom of its 1 year range — historically compressed. (2th percentile of the last 1 year)
Natural Gas Futures
$2.76
per Million British Thermal Units
Cotton
$0.8800
per Pound
Unit basis: USD per Million British Thermal Units ÷ USD per Pound. The ratio reads as Pounds of cotton per Million British Thermal Units of natural gas futures. Prices as of Mon, 24 Aug 2026 10:32:42 GMT.
1Y average
4.741
median 4.463
1Y low
3.044
Aug 21, 2026
1Y high
8.594
Dec 5, 2025
Normal band
3.479–6.003
mean ± 1 std dev
Deviation from mean
-1.27σ
247 observations
Natural Gas Futures to Cotton ratio charts
Pick a range once — it applies to the NG-FUT/CT ratio line, the OHLC candles and the Natural Gas Futures / Cotton price chart below.
NG-FUT/CT ratio line
How many Lb of Cotton one MMBtu of Natural Gas Futures buys, over 1Y.
NG-FUT/CT ratio candles
Open, high, low and close of the NG-FUT/CT ratio for each period in the last 1Y.
Natural Gas Futures and Cotton prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the natural gas futures to cotton ratio
Natural Gas Futures to Cotton ratio = Natural Gas Futures price per Million British Thermal Units ÷ Cotton price per Pound
The two legs use different units, so the result is a rate — Pounds of cotton per Million British Thermal Units of natural gas futures — rather than a plain count.
Worked example, live prices: $2.76 ÷ $0.8800 = 3.136. The inverse is 0.3188.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the natural gas futures to cotton ratio today?
The natural gas futures to cotton ratio is 3.136 — Natural Gas Futures at $2.76 per Million British Thermal Units divided by Cotton at $0.8800 per Pound, from live mid-market prices.
How do you calculate the natural gas futures to cotton ratio?
Divide the natural gas futures price per Million British Thermal Units by the cotton price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of cotton per Million British Thermal Units of natural gas futures.
What is the inverse of the natural gas futures to cotton ratio?
The inverse, cotton to natural gas futures, is 0.3188 — how many Million British Thermal Unitss of natural gas futures one Pound of cotton buys.