Commodity ratio · live
Nickel Futures to Cotton Ratio
The nickel futures to cotton ratio is 19181 — Nickel Futures at $17,071.13 per Metric Ton divided by Cotton at $0.8900 per Pound.
Prices as of Aug 24, 2026, 12:23 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Nickel Futures to Cotton ratio
1.000 T of nickel futures = 19,181 Lb of cotton
Inverse (CT/NICKEL-FUT): 0.00005213 — one Pound of cotton buys that much nickel futures.
Near the bottom of its 1 year range — historically compressed. (1th percentile of the last 1 year)
Nickel Futures
$17,071.13
per Metric Ton
Cotton
$0.8900
per Pound
Unit basis: USD per Metric Ton ÷ USD per Pound. The ratio reads as Pounds of cotton per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 12:23:24 GMT.
1Y average
23578
median 23111
1Y low
18753
Aug 20, 2026
1Y high
29644
Jan 27, 2026
Normal band
21432–25724
mean ± 1 std dev
Deviation from mean
-2.05σ
251 observations
Nickel Futures to Cotton ratio charts
Pick a range once — it applies to the NICKEL-FUT/CT ratio line, the OHLC candles and the Nickel Futures / Cotton price chart below.
NICKEL-FUT/CT ratio line
How many Lb of Cotton one T of Nickel Futures buys, over 1Y.
NICKEL-FUT/CT ratio candles
Open, high, low and close of the NICKEL-FUT/CT ratio for each period in the last 1Y.
Nickel Futures and Cotton 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 cotton ratio
Nickel Futures to Cotton ratio = Nickel Futures price per Metric Ton ÷ Cotton price per Pound
The two legs use different units, so the result is a rate — Pounds of cotton per Metric Ton of nickel futures — rather than a plain count.
Worked example, live prices: $17,071.13 ÷ $0.8900 = 19181. The inverse is 0.00005213.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the nickel futures to cotton ratio today?
The nickel futures to cotton ratio is 19181 — Nickel Futures at $17,071.13 per Metric Ton divided by Cotton at $0.8900 per Pound, from live mid-market prices.
How do you calculate the nickel futures to cotton ratio?
Divide the nickel futures price per Metric Ton by the cotton price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of cotton per Metric Ton of nickel futures.
What is the inverse of the nickel futures to cotton ratio?
The inverse, cotton to nickel futures, is 0.00005213 — how many Metric Tons of nickel futures one Pound of cotton buys.