Commodity ratio · live
Nickel Futures to Copper Futures Ratio
The nickel futures to copper futures ratio is 2583 — Nickel Futures at $16,995.38 per Metric Ton divided by Copper Futures at $6.58 per Pound.
Prices as of Aug 24, 2026, 10:38 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Nickel Futures to Copper Futures ratio
1.000 T of nickel futures = 2,582.9 Lb of copper futures
Inverse (HG-FUT/NICKEL-FUT): 0.0003872 — one Pound of copper futures buys that much nickel futures.
Near the bottom of its 1 year range — historically compressed. (3th percentile of the last 1 year)
Nickel Futures
$16,995.38
per Metric Ton
Copper Futures
$6.58
per Pound
Unit basis: USD per Metric Ton ÷ USD per Pound. The ratio reads as Pounds of copper futures per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 10:38:25 GMT.
1Y average
2942
median 2968
1Y low
2480
Aug 6, 2026
1Y high
3545
Aug 24, 2025
Normal band
2750–3134
mean ± 1 std dev
Deviation from mean
-1.87σ
333 observations
Nickel Futures to Copper Futures ratio charts
Pick a range once — it applies to the NICKEL-FUT/HG-FUT ratio line, the OHLC candles and the Nickel Futures / Copper Futures price chart below.
NICKEL-FUT/HG-FUT ratio line
How many Lb of Copper Futures one T of Nickel Futures buys, over 1Y.
NICKEL-FUT/HG-FUT ratio candles
Open, high, low and close of the NICKEL-FUT/HG-FUT ratio for each period in the last 1Y.
Nickel Futures and Copper Futures 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 copper futures ratio
Nickel Futures to Copper Futures ratio = Nickel Futures price per Metric Ton ÷ Copper Futures price per Pound
The two legs use different units, so the result is a rate — Pounds of copper futures per Metric Ton of nickel futures — rather than a plain count.
Worked example, live prices: $16,995.38 ÷ $6.58 = 2583. The inverse is 0.0003872.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the nickel futures to copper futures ratio today?
The nickel futures to copper futures ratio is 2583 — Nickel Futures at $16,995.38 per Metric Ton divided by Copper Futures at $6.58 per Pound, from live mid-market prices.
How do you calculate the nickel futures to copper futures ratio?
Divide the nickel futures price per Metric Ton by the copper futures price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of copper futures per Metric Ton of nickel futures.
What is the inverse of the nickel futures to copper futures ratio?
The inverse, copper futures to nickel futures, is 0.0003872 — how many Metric Tons of nickel futures one Pound of copper futures buys.