Commodity ratio · live
Natural Gas Futures to Lumber Futures Ratio
The natural gas futures to lumber futures ratio is 0.004917 — Natural Gas Futures at $2.82 per Million British Thermal Units divided by Lumber Futures at $573.54 per Thousand Board Feet.
Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Natural Gas Futures to Lumber Futures ratio
1.000 MMBtu of natural gas futures = 0.004917 Mbf of lumber futures
Inverse (LB-FUT/NG-FUT): 203.4 — one Thousand Board Feet of lumber futures buys that much natural gas futures.
Below its 1 year average. (28th percentile of the last 1 year)
Natural Gas Futures
$2.82
per Million British Thermal Units
Lumber Futures
$573.54
per Thousand Board Feet
Unit basis: USD per Million British Thermal Units ÷ USD per Thousand Board Feet. The ratio reads as Thousand Board Feets of lumber futures per Million British Thermal Units of natural gas futures. Prices as of Mon, 24 Aug 2026 12:24:36 GMT.
1Y average
0.005717
median 0.005194
1Y low
0.004132
Jul 28, 2026
1Y high
0.01158
Jan 25, 2026
Normal band
0.004412–0.007022
mean ± 1 std dev
Deviation from mean
-0.61σ
332 observations
Natural Gas Futures to Lumber Futures ratio charts
Pick a range once — it applies to the NG-FUT/LB-FUT ratio line, the OHLC candles and the Natural Gas Futures / Lumber Futures price chart below.
NG-FUT/LB-FUT ratio line
How many Mbf of Lumber Futures one MMBtu of Natural Gas Futures buys, over 1Y.
NG-FUT/LB-FUT ratio candles
Open, high, low and close of the NG-FUT/LB-FUT ratio for each period in the last 1Y.
Natural Gas Futures and Lumber Futures 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 lumber futures ratio
Natural Gas Futures to Lumber Futures ratio = Natural Gas Futures price per Million British Thermal Units ÷ Lumber Futures price per Thousand Board Feet
The two legs use different units, so the result is a rate — Thousand Board Feets of lumber futures per Million British Thermal Units of natural gas futures — rather than a plain count.
Worked example, live prices: $2.82 ÷ $573.54 = 0.004917. The inverse is 203.4.
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 natural gas futures to lumber futures ratio today?
The natural gas futures to lumber futures ratio is 0.004917 — Natural Gas Futures at $2.82 per Million British Thermal Units divided by Lumber Futures at $573.54 per Thousand Board Feet, from live mid-market prices.
How do you calculate the natural gas futures to lumber futures ratio?
Divide the natural gas futures price per Million British Thermal Units by the lumber futures price per Thousand Board Feet. If the two units differ, the result is a rate rather than a plain count — read it as Thousand Board Feets of lumber futures per Million British Thermal Units of natural gas futures.
What is the inverse of the natural gas futures to lumber futures ratio?
The inverse, lumber futures to natural gas futures, is 203.4 — how many Million British Thermal Unitss of natural gas futures one Thousand Board Feet of lumber futures buys.