Commodity ratio · live

Nickel Futures to Zinc Ratio

The nickel futures to zinc ratio is 4.435 Nickel Futures at $17,065.88 per Metric Ton divided by Zinc at $3,848.35 per Metric Ton.

Prices as of Aug 24, 2026, 12:25 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Nickel Futures to Zinc ratio

4.435-18.90% / 1Y

1.000 T of nickel futures = 4.435 T of zinc

Inverse (ZINC/NICKEL-FUT): 0.2255 — one Metric Ton of zinc buys that much nickel futures.

Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)

Nickel Futures

$17,065.88

per Metric Ton

Zinc

$3,848.35

per Metric Ton

Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of zinc per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 12:25:02 GMT.

1Y average

5.118

median 5.164

1Y low

4.397

Aug 22, 2026

1Y high

5.937

Jan 7, 2026

Normal band

4.805–5.430

mean ± 1 std dev

Deviation from mean

-2.19σ

362 observations

Nickel Futures to Zinc ratio charts

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

NICKEL-FUT/ZINC ratio line

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

NICKEL-FUT/ZINC ratio candles

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

Nickel Futures and Zinc 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 zinc ratio

Nickel Futures to Zinc ratio = Nickel Futures price per Metric Ton ÷ Zinc 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: $17,065.88 ÷ $3,848.35 = 4.435. The inverse is 0.2255.

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 zinc ratio today?

The nickel futures to zinc ratio is 4.435 — Nickel Futures at $17,065.88 per Metric Ton divided by Zinc at $3,848.35 per Metric Ton, from live mid-market prices.

How do you calculate the nickel futures to zinc ratio?

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

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

The inverse, zinc to nickel futures, is 0.2255 — how many Metric Tons of nickel futures one Metric Ton of zinc buys.

Nickel Futures to Zinc Ratio — 4.435 Today | CommodityPriceAPI