Commodity ratio · live

Natural Gas, US to Lead Futures Ratio

The natural gas, us to lead futures ratio is 0.001461 Natural Gas, US at $2.79 per Million British Thermal Units divided by Lead Futures at $1,909.13 per Metric Ton.

Prices as of Aug 24, 2026, 10:44 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Million British Thermal Units

Natural Gas, US to Lead Futures ratio

0.001461-18.56% / 1Y

1.000 MMBtu of natural gas, us = 0.001461 T of lead futures

Inverse (LEAD-FUT/NG-US): 684.3 — one Metric Ton of lead futures buys that much natural gas, us.

Close to the middle of its 1 year range. (34th percentile of the last 1 year)

Natural Gas, US

$2.79

per Million British Thermal Units

Lead Futures

$1,909.13

per Metric Ton

Unit basis: USD per Million British Thermal Units ÷ USD per Metric Ton. The ratio reads as Metric Tons of lead futures per Million British Thermal Units of natural gas, us. Prices as of Mon, 24 Aug 2026 10:44:53 GMT.

1Y average

0.001508

median 0.001488

1Y low

0.001344

Jul 29, 2026

1Y high

0.001797

Jun 30, 2026

Normal band

0.001386–0.001630

mean ± 1 std dev

Deviation from mean

-0.38σ

35 observations

Natural Gas, US to Lead Futures ratio charts

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

NG-US/LEAD-FUT ratio line

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

NG-US/LEAD-FUT ratio candles

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

Natural Gas, US 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 natural gas, us to lead futures ratio

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

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

Worked example, live prices: $2.79 ÷ $1,909.13 = 0.001461. The inverse is 684.3.

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 natural gas, us to lead futures ratio today?

The natural gas, us to lead futures ratio is 0.001461 — Natural Gas, US at $2.79 per Million British Thermal Units divided by Lead Futures at $1,909.13 per Metric Ton, from live mid-market prices.

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

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

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

The inverse, lead futures to natural gas, us, is 684.3 — how many Million British Thermal Unitss of natural gas, us one Metric Ton of lead futures buys.