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Nickel Futures to Polypropylene Ratio

The nickel futures to polypropylene ratio is 2.097 Nickel Futures at $17,071.13 per Metric Ton divided by Polypropylene at $8,142.00 per Metric Ton.

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

Metric Ton

Nickel Futures to Polypropylene ratio

2.097-5.93% / 1Y

1.000 T of nickel futures = 2.097 T of polypropylene

Inverse (PYL/NICKEL-FUT): 0.4769 — one Metric Ton of polypropylene buys that much nickel futures.

Below its 1 year average. (19th percentile of the last 1 year)

Nickel Futures

$17,071.13

per Metric Ton

Polypropylene

¥8,142.00

per Metric Ton

Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of polypropylene per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 12:24:45 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

2.282

median 2.256

1Y low

1.748

Apr 7, 2026

1Y high

3.006

Jan 6, 2026

Normal band

2.044–2.520

mean ± 1 std dev

Deviation from mean

-0.78σ

342 observations

Nickel Futures to Polypropylene ratio charts

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

NICKEL-FUT/PYL ratio line

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

NICKEL-FUT/PYL ratio candles

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

Nickel Futures and Polypropylene 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 polypropylene ratio

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

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

Worked example, live prices: $17,071.13 ÷ $8,142.00 = 2.097. The inverse is 0.4769.

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 polypropylene ratio today?

The nickel futures to polypropylene ratio is 2.097 — Nickel Futures at $17,071.13 per Metric Ton divided by Polypropylene at $8,142.00 per Metric Ton, from live mid-market prices.

How do you calculate the nickel futures to polypropylene ratio?

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

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

The inverse, polypropylene to nickel futures, is 0.4769 — how many Metric Tons of nickel futures one Metric Ton of polypropylene buys.

Nickel Futures to Polypropylene Ratio — 2.097 Today | CommodityPriceAPI