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Nickel Futures to Aluminium Futures Ratio

The nickel futures to aluminium futures ratio is 5.263 Nickel Futures at $16,995.38 per Metric Ton divided by Aluminium Futures at $3,229.15 per Metric Ton.

Prices as of Aug 24, 2026, 10:38 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Nickel Futures to Aluminium Futures ratio

5.263-10.86% / 1Y

1.000 T of nickel futures = 5.263 T of aluminium futures

Inverse (AL-FUT/NICKEL-FUT): 0.1900 — one Metric Ton of aluminium futures buys that much nickel futures.

Close to the middle of its 1 year range. (46th percentile of the last 1 year)

Nickel Futures

$16,995.38

per Metric Ton

Aluminium Futures

$3,229.15

per Metric Ton

Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of aluminium futures per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 10:38:56 GMT.

1Y average

5.340

median 5.287

1Y low

4.831

Apr 6, 2026

1Y high

6.111

Jan 7, 2026

Normal band

5.102–5.578

mean ± 1 std dev

Deviation from mean

-0.32σ

348 observations

Nickel Futures to Aluminium Futures ratio charts

Pick a range once — it applies to the NICKEL-FUT/AL-FUT ratio line, the OHLC candles and the Nickel Futures / Aluminium Futures price chart below.

NICKEL-FUT/AL-FUT ratio line

How many T of Aluminium Futures one T of Nickel Futures buys, over 1Y.

NICKEL-FUT/AL-FUT ratio candles

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

Nickel Futures and Aluminium Futures prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the nickel futures to aluminium futures ratio

Nickel Futures to Aluminium Futures ratio = Nickel Futures price per Metric Ton ÷ Aluminium Futures price per Metric Ton

Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.

Worked example, live prices: $16,995.38 ÷ $3,229.15 = 5.263. The inverse is 0.1900.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the nickel futures to aluminium futures ratio today?

The nickel futures to aluminium futures ratio is 5.263 — Nickel Futures at $16,995.38 per Metric Ton divided by Aluminium Futures at $3,229.15 per Metric Ton, from live mid-market prices.

How do you calculate the nickel futures to aluminium futures ratio?

Divide the nickel futures price per Metric Ton by the aluminium 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 aluminium futures per Metric Ton of nickel futures.

What is the inverse of the nickel futures to aluminium futures ratio?

The inverse, aluminium futures to nickel futures, is 0.1900 — how many Metric Tons of nickel futures one Metric Ton of aluminium futures buys.

Nickel Futures to Aluminium Futures Ratio — 5.263 Today | CommodityPriceAPI