Commodity ratio · live

Natural Gas, US to Butter Ratio

The natural gas, us to butter ratio is 0.0006414 Natural Gas, US at $2.79 per Million British Thermal Units divided by Butter at $4,350.00 per Metric Ton.

Prices as of Aug 24, 2026, 11:46 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Million British Thermal Units

Natural Gas, US to Butter ratio

0.0006414-25.82% / 1Y

1.000 MMBtu of natural gas, us = 0.0006414 T of butter

Inverse (BUTTER/NG-US): 1559 — one Metric Ton of butter buys that much natural gas, us.

Near the bottom of its 1 year range — historically compressed. (6th percentile of the last 1 year)

Natural Gas, US

$2.79

per Million British Thermal Units

Butter

€4,350.00

per Metric Ton

Unit basis: USD per Million British Thermal Units ÷ EUR per Metric Ton. The ratio reads as Metric Tons of butter per Million British Thermal Units of natural gas, us. Prices as of Mon, 24 Aug 2026 11:46:09 GMT.

These two commodities are quoted in different currencies (USD and EUR). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

0.0007130

median 0.0006963

1Y low

0.0006118

Aug 5, 2026

1Y high

0.0008646

Jun 30, 2026

Normal band

0.0006482–0.0007779

mean ± 1 std dev

Deviation from mean

-1.10σ

35 observations

Natural Gas, US to Butter ratio charts

Pick a range once — it applies to the NG-US/BUTTER ratio line, the OHLC candles and the Natural Gas, US / Butter price chart below.

NG-US/BUTTER ratio line

How many T of Butter one MMBtu of Natural Gas, US buys, over 1Y.

NG-US/BUTTER ratio candles

Open, high, low and close of the NG-US/BUTTER ratio for each period in the last 1Y.

Natural Gas, US and Butter 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, us to butter ratio

Natural Gas, US to Butter ratio = Natural Gas, US price per Million British Thermal Units ÷ Butter price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of butter per Million British Thermal Units of natural gas, us — rather than a plain count.

Worked example, live prices: $2.79 ÷ $4,350.00 = 0.0006414. The inverse is 1559.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the natural gas, us to butter ratio today?

The natural gas, us to butter ratio is 0.0006414 — Natural Gas, US at $2.79 per Million British Thermal Units divided by Butter at $4,350.00 per Metric Ton, from live mid-market prices.

How do you calculate the natural gas, us to butter ratio?

Divide the natural gas, us price per Million British Thermal Units by the butter 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 butter per Million British Thermal Units of natural gas, us.

What is the inverse of the natural gas, us to butter ratio?

The inverse, butter to natural gas, us, is 1559 — how many Million British Thermal Unitss of natural gas, us one Metric Ton of butter buys.