Commodity ratio · live
Palm Oil to Nickel Futures Ratio
The palm oil to nickel futures ratio is 0.2951 — Palm Oil at $5,018.00 per Metric Ton divided by Nickel Futures at $17,004.63 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.
Palm Oil to Nickel Futures ratio
1.000 T of palm oil = 0.2951 T of nickel futures
Inverse (NICKEL-FUT/PO): 3.389 — one Metric Ton of nickel futures buys that much palm oil.
Near the top of its 1 year range — historically stretched. (96th percentile of the last 1 year)
Palm Oil
MYR5,018.00
per Metric Ton
Nickel Futures
$17,004.63
per Metric Ton
Unit basis: MYR per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Metric Ton of palm oil. Prices as of Mon, 24 Aug 2026 10:35:34 GMT.
These two commodities are quoted in different currencies (MYR and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.2637
median 0.2694
1Y low
0.2123
Jan 6, 2026
1Y high
0.3050
Aug 24, 2025
Normal band
0.2423–0.2851
mean ± 1 std dev
Deviation from mean
+1.47σ
336 observations
Palm Oil to Nickel Futures ratio charts
Pick a range once — it applies to the PO/NICKEL-FUT ratio line, the OHLC candles and the Palm Oil / Nickel Futures price chart below.
PO/NICKEL-FUT ratio line
How many T of Nickel Futures one T of Palm Oil buys, over 1Y.
PO/NICKEL-FUT ratio candles
Open, high, low and close of the PO/NICKEL-FUT ratio for each period in the last 1Y.
Palm Oil and Nickel Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the palm oil to nickel futures ratio
Palm Oil to Nickel Futures ratio = Palm Oil price per Metric Ton ÷ Nickel Futures price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of nickel futures per Metric Ton of palm oil — rather than a plain count.
Worked example, live prices: $5,018.00 ÷ $17,004.63 = 0.2951. The inverse is 3.389.
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 palm oil to nickel futures ratio today?
The palm oil to nickel futures ratio is 0.2951 — Palm Oil at $5,018.00 per Metric Ton divided by Nickel Futures at $17,004.63 per Metric Ton, from live mid-market prices.
How do you calculate the palm oil to nickel futures ratio?
Divide the palm oil price per Metric Ton by the nickel futures 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 nickel futures per Metric Ton of palm oil.
What is the inverse of the palm oil to nickel futures ratio?
The inverse, nickel futures to palm oil, is 3.389 — how many Metric Tons of palm oil one Metric Ton of nickel futures buys.