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Nickel Futures to Neodymium Ratio

The nickel futures to neodymium ratio is 0.01785 Nickel Futures at $16,999.88 per Metric Ton divided by Neodymium at $952,500.00 per Metric Ton.

Prices as of Aug 24, 2026, 10:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Nickel Futures to Neodymium ratio

0.01785-9.44% / 1Y

1.000 T of nickel futures = 0.01785 T of neodymium

Inverse (NDYM/NICKEL-FUT): 56.03 — one Metric Ton of neodymium buys that much nickel futures.

Close to the middle of its 1 year range. (38th percentile of the last 1 year)

Nickel Futures

$16,999.88

per Metric Ton

Neodymium

$952,500.00

per Metric Ton

Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of neodymium per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 10:33:56 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

0.01901

median 0.01905

1Y low

0.01489

Mar 1, 2026

1Y high

0.02505

Jan 6, 2026

Normal band

0.01697–0.02106

mean ± 1 std dev

Deviation from mean

-0.57σ

352 observations

Nickel Futures to Neodymium ratio charts

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

NICKEL-FUT/NDYM ratio line

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

NICKEL-FUT/NDYM ratio candles

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

Nickel Futures and Neodymium 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 neodymium ratio

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

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

Worked example, live prices: $16,999.88 ÷ $952,500.00 = 0.01785. The inverse is 56.03.

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 neodymium ratio today?

The nickel futures to neodymium ratio is 0.01785 — Nickel Futures at $16,999.88 per Metric Ton divided by Neodymium at $952,500.00 per Metric Ton, from live mid-market prices.

How do you calculate the nickel futures to neodymium ratio?

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

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

The inverse, neodymium to nickel futures, is 56.03 — how many Metric Tons of nickel futures one Metric Ton of neodymium buys.

Nickel Futures to Neodymium Ratio — 0.01785 Today | CommodityPriceAPI