Commodity ratio · live

Nickel Futures to Lithium Ratio

The nickel futures to lithium ratio is 0.1064 Nickel Futures at $17,071.13 per Metric Ton divided by Lithium at $160,500.00 per Metric Ton.

Prices as of Aug 24, 2026, 12:23 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Nickel Futures to Lithium ratio

0.1064-45.24% / 1Y

1.000 T of nickel futures = 0.1064 T of lithium

Inverse (LC/NICKEL-FUT): 9.402 — one Metric Ton of lithium buys that much nickel futures.

Below its 1 year average. (15th percentile of the last 1 year)

Nickel Futures

$17,071.13

per Metric Ton

Lithium

¥160,500.00

per Metric Ton

Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of lithium per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 12:23:06 GMT.

These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

0.1371

median 0.1163

1Y low

0.09252

May 13, 2026

1Y high

0.2172

Sep 12, 2025

Normal band

0.09914–0.1751

mean ± 1 std dev

Deviation from mean

-0.81σ

363 observations

Nickel Futures to Lithium ratio charts

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

NICKEL-FUT/LC ratio line

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

NICKEL-FUT/LC ratio candles

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

Nickel Futures and Lithium 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 lithium ratio

Nickel Futures to Lithium ratio = Nickel Futures price per Metric Ton ÷ Lithium price per Metric Ton

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

Worked example, live prices: $17,071.13 ÷ $160,500.00 = 0.1064. The inverse is 9.402.

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 lithium ratio today?

The nickel futures to lithium ratio is 0.1064 — Nickel Futures at $17,071.13 per Metric Ton divided by Lithium at $160,500.00 per Metric Ton, from live mid-market prices.

How do you calculate the nickel futures to lithium ratio?

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

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

The inverse, lithium to nickel futures, is 9.402 — how many Metric Tons of nickel futures one Metric Ton of lithium buys.

Nickel Futures to Lithium Ratio — 0.1064 Today | CommodityPriceAPI