Commodity ratio · live
Natural Gas Futures to Hides Ratio
The natural gas futures to hides ratio is 0.04922 — Natural Gas Futures at $2.79 per Million British Thermal Units divided by Hides at $56.69 per Pound.
Prices as of Aug 24, 2026, 11:24 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Natural Gas Futures to Hides ratio
1.000 MMBtu of natural gas futures = 0.04922 lbs of hides
Inverse (HIDE/NG-FUT): 20.32 — one Pound of hides buys that much natural gas futures.
Natural Gas Futures
$2.79
per Million British Thermal Units
Hides
¢56.69
per Pound
Unit basis: USD per Million British Thermal Units ÷ US Cents per Pound. The ratio reads as Pounds of hides per Million British Thermal Units of natural gas futures. Prices as of Mon, 24 Aug 2026 11:24:08 GMT.
These two commodities are quoted in different currencies (USD and US Cents). The figure above is a raw quote ratio and is not FX-adjusted.
Natural Gas Futures to Hides ratio charts
Pick a range once — it applies to the NG-FUT/HIDE ratio line, the OHLC candles and the Natural Gas Futures / Hides price chart below.
NG-FUT/HIDE ratio line
How many lbs of Hides one MMBtu of Natural Gas Futures buys, over 1Y.
No overlapping history for NG-FUT/HIDE over 1Y. Try a longer range.
NG-FUT/HIDE ratio candles
Open, high, low and close of the NG-FUT/HIDE ratio for each period in the last 1Y.
No overlapping history for NG-FUT/HIDE over 1Y. Try a longer range.
Natural Gas Futures and Hides 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 hides ratio
Natural Gas Futures to Hides ratio = Natural Gas Futures price per Million British Thermal Units ÷ Hides price per Pound
The two legs use different units, so the result is a rate — Pounds of hides per Million British Thermal Units of natural gas futures — rather than a plain count.
Worked example, live prices: $2.79 ÷ $56.69 = 0.04922. The inverse is 20.32.
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 natural gas futures to hides ratio today?
The natural gas futures to hides ratio is 0.04922 — Natural Gas Futures at $2.79 per Million British Thermal Units divided by Hides at $56.69 per Pound, from live mid-market prices.
How do you calculate the natural gas futures to hides ratio?
Divide the natural gas futures price per Million British Thermal Units by the hides price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of hides per Million British Thermal Units of natural gas futures.
What is the inverse of the natural gas futures to hides ratio?
The inverse, hides to natural gas futures, is 20.32 — how many Million British Thermal Unitss of natural gas futures one Pound of hides buys.