Commodity ratio · live
Palm Oil to Wheat Futures Ratio
The palm oil to wheat futures ratio is 7.118 — Palm Oil at $4,947.00 per Metric Ton divided by Wheat Futures at $695.04 per Ounce.
Prices as of Aug 24, 2026, 11:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Palm Oil to Wheat Futures ratio
1.000 T of palm oil = 7.118 Oz of wheat futures
Inverse (ZW-FUT/PO): 0.1405 — one Ounce of wheat futures buys that much palm oil.
Below its 1 year average. (12th percentile of the last 1 year)
Palm Oil
MYR4,947.00
per Metric Ton
Wheat Futures
$695.04
per Ounce
Unit basis: MYR per Metric Ton ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Metric Ton of palm oil. Prices as of Mon, 24 Aug 2026 11:35:53 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
7.700
median 7.694
1Y low
6.438
May 13, 2026
1Y high
9.284
Oct 10, 2025
Normal band
7.172–8.227
mean ± 1 std dev
Deviation from mean
-1.10σ
323 observations
Palm Oil to Wheat Futures ratio charts
Pick a range once — it applies to the PO/ZW-FUT ratio line, the OHLC candles and the Palm Oil / Wheat Futures price chart below.
PO/ZW-FUT ratio line
How many Oz of Wheat Futures one T of Palm Oil buys, over 1Y.
PO/ZW-FUT ratio candles
Open, high, low and close of the PO/ZW-FUT ratio for each period in the last 1Y.
Palm Oil and Wheat 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 wheat futures ratio
Palm Oil to Wheat Futures ratio = Palm Oil price per Metric Ton ÷ Wheat Futures price per Ounce
The two legs use different units, so the result is a rate — Ounces of wheat futures per Metric Ton of palm oil — rather than a plain count.
Worked example, live prices: $4,947.00 ÷ $695.04 = 7.118. The inverse is 0.1405.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the palm oil to wheat futures ratio today?
The palm oil to wheat futures ratio is 7.118 — Palm Oil at $4,947.00 per Metric Ton divided by Wheat Futures at $695.04 per Ounce, from live mid-market prices.
How do you calculate the palm oil to wheat futures ratio?
Divide the palm oil price per Metric Ton by the wheat futures price per Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Ounces of wheat futures per Metric Ton of palm oil.
What is the inverse of the palm oil to wheat futures ratio?
The inverse, wheat futures to palm oil, is 0.1405 — how many Metric Tons of palm oil one Ounce of wheat futures buys.