Commodity ratio · live

Nickel Futures to Canola Ratio

The nickel futures to canola ratio is 21.66 Nickel Futures at $17,065.63 per Metric Ton divided by Canola at $787.99 per Metric Ton.

Prices as of Aug 24, 2026, 12:26 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Nickel Futures to Canola ratio

21.66-12.15% / 1Y

1.000 T of nickel futures = 21.657 T of canola

Inverse (CANOLA/NICKEL-FUT): 0.04617 — one Metric Ton of canola buys that much nickel futures.

Near the bottom of its 1 year range — historically compressed. (10th percentile of the last 1 year)

Nickel Futures

$17,065.63

per Metric Ton

Canola

CA$787.99

per Metric Ton

Unit basis: USD per Metric Ton ÷ CAD per Metric Ton. The ratio reads as Metric Tons of canola per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 12:26:15 GMT.

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

1Y average

24.36

median 24.45

1Y low

20.09

Aug 16, 2026

1Y high

30.77

Jan 6, 2026

Normal band

22.49–26.22

mean ± 1 std dev

Deviation from mean

-1.45σ

357 observations

Nickel Futures to Canola ratio charts

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

NICKEL-FUT/CANOLA ratio line

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

NICKEL-FUT/CANOLA ratio candles

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

Nickel Futures and Canola 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 canola ratio

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

The two legs use different units, so the result is a rate — Metric Tons of canola per Metric Ton of nickel futures — rather than a plain count.

Worked example, live prices: $17,065.63 ÷ $787.99 = 21.66. The inverse is 0.04617.

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 nickel futures to canola ratio today?

The nickel futures to canola ratio is 21.66 — Nickel Futures at $17,065.63 per Metric Ton divided by Canola at $787.99 per Metric Ton, from live mid-market prices.

How do you calculate the nickel futures to canola ratio?

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

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

The inverse, canola to nickel futures, is 0.04617 — how many Metric Tons of nickel futures one Metric Ton of canola buys.

Nickel Futures to Canola Ratio — 21.66 Today | CommodityPriceAPI