Commodity ratio · live
Nickel Futures to Bitumen Ratio
The nickel futures to bitumen ratio is 3.741 — Nickel Futures at $16,999.88 per Metric Ton divided by Bitumen at $4,544.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:28 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Nickel Futures to Bitumen ratio
1.000 T of nickel futures = 3.741 T of bitumen
Inverse (BIT/NICKEL-FUT): 0.2673 — one Metric Ton of bitumen buys that much nickel futures.
Near the bottom of its 1 year range — historically compressed. (1th percentile of the last 1 year)
Nickel Futures
$16,999.88
per Metric Ton
Bitumen
¥4,544.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of bitumen per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 11:28:58 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
4.591
median 4.464
1Y low
3.560
Mar 18, 2026
1Y high
5.994
Jan 15, 2026
Normal band
4.087–5.095
mean ± 1 std dev
Deviation from mean
-1.69σ
313 observations
Nickel Futures to Bitumen ratio charts
Pick a range once — it applies to the NICKEL-FUT/BIT ratio line, the OHLC candles and the Nickel Futures / Bitumen price chart below.
NICKEL-FUT/BIT ratio line
How many T of Bitumen one T of Nickel Futures buys, over 1Y.
NICKEL-FUT/BIT ratio candles
Open, high, low and close of the NICKEL-FUT/BIT ratio for each period in the last 1Y.
Nickel Futures and Bitumen 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 bitumen ratio
Nickel Futures to Bitumen ratio = Nickel Futures price per Metric Ton ÷ Bitumen price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of bitumen per Metric Ton of nickel futures — rather than a plain count.
Worked example, live prices: $16,999.88 ÷ $4,544.00 = 3.741. The inverse is 0.2673.
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 nickel futures to bitumen ratio today?
The nickel futures to bitumen ratio is 3.741 — Nickel Futures at $16,999.88 per Metric Ton divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.
How do you calculate the nickel futures to bitumen ratio?
Divide the nickel futures price per Metric Ton by the bitumen 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 bitumen per Metric Ton of nickel futures.
What is the inverse of the nickel futures to bitumen ratio?
The inverse, bitumen to nickel futures, is 0.2673 — how many Metric Tons of nickel futures one Metric Ton of bitumen buys.