Commodity ratio · live
Nickel Futures to Palm Oil Ratio
The nickel futures to palm oil ratio is 3.389 — Nickel Futures at $17,004.63 per Metric Ton divided by Palm Oil at $5,018.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Nickel Futures to Palm Oil ratio
1.000 T of nickel futures = 3.389 T of palm oil
Inverse (PO/NICKEL-FUT): 0.2951 — one Metric Ton of palm oil buys that much nickel futures.
Near the bottom of its 1 year range — historically compressed. (4th percentile of the last 1 year)
Nickel Futures
$17,004.63
per Metric Ton
Palm Oil
MYR5,018.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ MYR per Metric Ton. The ratio reads as Metric Tons of palm oil per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 10:35:34 GMT.
These two commodities are quoted in different currencies (USD and MYR). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
3.817
median 3.711
1Y low
3.278
Aug 24, 2025
1Y high
4.710
Jan 6, 2026
Normal band
3.499–4.135
mean ± 1 std dev
Deviation from mean
-1.35σ
336 observations
Nickel Futures to Palm Oil ratio charts
Pick a range once — it applies to the NICKEL-FUT/PO ratio line, the OHLC candles and the Nickel Futures / Palm Oil price chart below.
NICKEL-FUT/PO ratio line
How many T of Palm Oil one T of Nickel Futures buys, over 1Y.
NICKEL-FUT/PO ratio candles
Open, high, low and close of the NICKEL-FUT/PO ratio for each period in the last 1Y.
Nickel Futures and Palm Oil 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 palm oil ratio
Nickel Futures to Palm Oil ratio = Nickel Futures price per Metric Ton ÷ Palm Oil price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of palm oil per Metric Ton of nickel futures — rather than a plain count.
Worked example, live prices: $17,004.63 ÷ $5,018.00 = 3.389. The inverse is 0.2951.
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 palm oil ratio today?
The nickel futures to palm oil ratio is 3.389 — Nickel Futures at $17,004.63 per Metric Ton divided by Palm Oil at $5,018.00 per Metric Ton, from live mid-market prices.
How do you calculate the nickel futures to palm oil ratio?
Divide the nickel futures price per Metric Ton by the palm oil 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 palm oil per Metric Ton of nickel futures.
What is the inverse of the nickel futures to palm oil ratio?
The inverse, palm oil to nickel futures, is 0.2951 — how many Metric Tons of nickel futures one Metric Ton of palm oil buys.