Commodity ratio · live
Nickel Futures to Polyethylene Ratio
The nickel futures to polyethylene ratio is 2.183 — Nickel Futures at $17,070.25 per Metric Ton divided by Polyethylene at $7,818.00 per Metric Ton.
Prices as of Aug 24, 2026, 12:22 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Nickel Futures to Polyethylene ratio
1.000 T of nickel futures = 2.183 T of polyethylene
Inverse (POL/NICKEL-FUT): 0.4580 — one Metric Ton of polyethylene buys that much nickel futures.
Close to the middle of its 1 year range. (33th percentile of the last 1 year)
Nickel Futures
$17,070.25
per Metric Ton
Polyethylene
¥7,818.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of polyethylene per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 12:22:40 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
2.290
median 2.231
1Y low
1.829
Mar 22, 2026
1Y high
2.956
Jan 6, 2026
Normal band
2.084–2.496
mean ± 1 std dev
Deviation from mean
-0.52σ
341 observations
Nickel Futures to Polyethylene ratio charts
Pick a range once — it applies to the NICKEL-FUT/POL ratio line, the OHLC candles and the Nickel Futures / Polyethylene price chart below.
NICKEL-FUT/POL ratio line
How many T of Polyethylene one T of Nickel Futures buys, over 1Y.
NICKEL-FUT/POL ratio candles
Open, high, low and close of the NICKEL-FUT/POL ratio for each period in the last 1Y.
Nickel Futures and Polyethylene 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 polyethylene ratio
Nickel Futures to Polyethylene ratio = Nickel Futures price per Metric Ton ÷ Polyethylene price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of polyethylene per Metric Ton of nickel futures — rather than a plain count.
Worked example, live prices: $17,070.25 ÷ $7,818.00 = 2.183. The inverse is 0.4580.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the nickel futures to polyethylene ratio today?
The nickel futures to polyethylene ratio is 2.183 — Nickel Futures at $17,070.25 per Metric Ton divided by Polyethylene at $7,818.00 per Metric Ton, from live mid-market prices.
How do you calculate the nickel futures to polyethylene ratio?
Divide the nickel futures price per Metric Ton by the polyethylene 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 polyethylene per Metric Ton of nickel futures.
What is the inverse of the nickel futures to polyethylene ratio?
The inverse, polyethylene to nickel futures, is 0.4580 — how many Metric Tons of nickel futures one Metric Ton of polyethylene buys.