Commodity ratio · live

Nickel Futures to Tellurium Ratio

The nickel futures to tellurium ratio is 21.13 Nickel Futures at $17,005.63 per Metric Ton divided by Tellurium at $805.00 per Metric Ton.

Prices as of Aug 24, 2026, 11:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Nickel Futures to Tellurium ratio

21.13-20.12% / 1Y

1.000 T of nickel futures = 21.125 T of tellurium

Inverse (TEL/NICKEL-FUT): 0.04734 — one Metric Ton of tellurium buys that much nickel futures.

Below its 1 year average. (25th percentile of the last 1 year)

Nickel Futures

$17,005.63

per Metric Ton

Tellurium

$805.00

per Metric Ton

Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of tellurium per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 11:33:57 GMT.

1Y average

22.71

median 22.65

1Y low

18.71

Dec 15, 2025

1Y high

26.71

Sep 1, 2025

Normal band

20.73–24.69

mean ± 1 std dev

Deviation from mean

-0.80σ

342 observations

Nickel Futures to Tellurium ratio charts

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

NICKEL-FUT/TEL ratio line

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

NICKEL-FUT/TEL ratio candles

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

Nickel Futures and Tellurium 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 tellurium ratio

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

Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.

Worked example, live prices: $17,005.63 ÷ $805.00 = 21.13. The inverse is 0.04734.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the nickel futures to tellurium ratio today?

The nickel futures to tellurium ratio is 21.13 — Nickel Futures at $17,005.63 per Metric Ton divided by Tellurium at $805.00 per Metric Ton, from live mid-market prices.

How do you calculate the nickel futures to tellurium ratio?

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

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

The inverse, tellurium to nickel futures, is 0.04734 — how many Metric Tons of nickel futures one Metric Ton of tellurium buys.

Nickel Futures to Tellurium Ratio — 21.13 Today | CommodityPriceAPI