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Nickel Futures to Ethanol Ratio

The nickel futures to ethanol ratio is 8019 Nickel Futures at $17,000.13 per Metric Ton divided by Ethanol at $2.12 per Gallon.

Prices as of Aug 24, 2026, 10:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Nickel Futures to Ethanol ratio

8019-1.00% / 1Y

1.000 T of nickel futures = 8,018.9 Gal of ethanol

Inverse (ETHANOL/NICKEL-FUT): 0.0001247 — one Gallon of ethanol buys that much nickel futures.

Near the bottom of its 1 year range — historically compressed. (7th percentile of the last 1 year)

Nickel Futures

$17,000.13

per Metric Ton

Ethanol

$2.12

per Gallon

Unit basis: USD per Metric Ton ÷ USD per Gallon. The ratio reads as Gallons of ethanol per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 10:34:45 GMT.

1Y average

9201

median 9086

1Y low

7416

Aug 31, 2025

1Y high

12245

Jan 14, 2026

Normal band

8290–10112

mean ± 1 std dev

Deviation from mean

-1.30σ

364 observations

Nickel Futures to Ethanol ratio charts

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

NICKEL-FUT/ETHANOL ratio line

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

NICKEL-FUT/ETHANOL ratio candles

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

Nickel Futures and Ethanol 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 ethanol ratio

Nickel Futures to Ethanol ratio = Nickel Futures price per Metric Ton ÷ Ethanol price per Gallon

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

Worked example, live prices: $17,000.13 ÷ $2.12 = 8019. The inverse is 0.0001247.

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 ethanol ratio today?

The nickel futures to ethanol ratio is 8019 — Nickel Futures at $17,000.13 per Metric Ton divided by Ethanol at $2.12 per Gallon, from live mid-market prices.

How do you calculate the nickel futures to ethanol ratio?

Divide the nickel futures price per Metric Ton by the ethanol price per Gallon. If the two units differ, the result is a rate rather than a plain count — read it as Gallons of ethanol per Metric Ton of nickel futures.

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

The inverse, ethanol to nickel futures, is 0.0001247 — how many Metric Tons of nickel futures one Gallon of ethanol buys.

Nickel Futures to Ethanol Ratio — 8019 Today | CommodityPriceAPI