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Nickel Futures to Lumber Futures Ratio

The nickel futures to lumber futures ratio is 29.75 Nickel Futures at $17,065.63 per Metric Ton divided by Lumber Futures at $573.54 per Thousand Board Feet.

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 Lumber Futures ratio

29.75+5.49% / 1Y

1.000 T of nickel futures = 29.755 Mbf of lumber futures

Inverse (LB-FUT/NICKEL-FUT): 0.03361 — one Thousand Board Feet of lumber futures buys that much nickel futures.

Close to the middle of its 1 year range. (69th percentile of the last 1 year)

Nickel Futures

$17,065.63

per Metric Ton

Lumber Futures

$573.54

per Thousand Board Feet

Unit basis: USD per Metric Ton ÷ USD per Thousand Board Feet. The ratio reads as Thousand Board Feets of lumber futures per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 12:26:17 GMT.

1Y average

28.84

median 28.67

1Y low

23.77

Oct 12, 2025

1Y high

35.82

Jan 7, 2026

Normal band

26.49–31.20

mean ± 1 std dev

Deviation from mean

+0.39σ

338 observations

Nickel Futures to Lumber Futures ratio charts

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

NICKEL-FUT/LB-FUT ratio line

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

NICKEL-FUT/LB-FUT ratio candles

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

Nickel Futures and Lumber 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 lumber futures ratio

Nickel Futures to Lumber Futures ratio = Nickel Futures price per Metric Ton ÷ Lumber Futures price per Thousand Board Feet

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

Worked example, live prices: $17,065.63 ÷ $573.54 = 29.75. The inverse is 0.03361.

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 lumber futures ratio today?

The nickel futures to lumber futures ratio is 29.75 — Nickel Futures at $17,065.63 per Metric Ton divided by Lumber Futures at $573.54 per Thousand Board Feet, from live mid-market prices.

How do you calculate the nickel futures to lumber futures ratio?

Divide the nickel futures price per Metric Ton by the lumber futures price per Thousand Board Feet. If the two units differ, the result is a rate rather than a plain count — read it as Thousand Board Feets of lumber futures per Metric Ton of nickel futures.

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

The inverse, lumber futures to nickel futures, is 0.03361 — how many Metric Tons of nickel futures one Thousand Board Feet of lumber futures buys.

Nickel Futures to Lumber Futures Ratio — 29.75 Today | CommodityPriceAPI