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Nickel Futures to Coal Ratio

The nickel futures to coal ratio is 129.3 Nickel Futures at $17,004.63 per Metric Ton divided by Coal at $131.50 per Metric Ton.

Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Nickel Futures to Coal ratio

129.3-8.39% / 1Y

1.000 T of nickel futures = 129.313 T of coal

Inverse (COAL/NICKEL-FUT): 0.007733 — one Metric Ton of coal buys that much nickel futures.

Below its 1 year average. (22th percentile of the last 1 year)

Nickel Futures

$17,004.63

per Metric Ton

Coal

$131.50

per Metric Ton

Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of coal per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 10:35:51 GMT.

1Y average

138.7

median 137.9

1Y low

113.0

Jun 29, 2026

1Y high

175.8

Jan 7, 2026

Normal band

126.6–150.8

mean ± 1 std dev

Deviation from mean

-0.77σ

363 observations

Nickel Futures to Coal ratio charts

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

NICKEL-FUT/COAL ratio line

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

NICKEL-FUT/COAL ratio candles

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

Nickel Futures and Coal 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 coal ratio

Nickel Futures to Coal ratio = Nickel Futures price per Metric Ton ÷ Coal 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: $17,004.63 ÷ $131.50 = 129.3. The inverse is 0.007733.

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 coal ratio today?

The nickel futures to coal ratio is 129.3 — Nickel Futures at $17,004.63 per Metric Ton divided by Coal at $131.50 per Metric Ton, from live mid-market prices.

How do you calculate the nickel futures to coal ratio?

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

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

The inverse, coal to nickel futures, is 0.007733 — how many Metric Tons of nickel futures one Metric Ton of coal buys.

Nickel Futures to Coal Ratio — 129.3 Today | CommodityPriceAPI