Commodity ratio · live
Polyethylene to Hot-Rolled Coil Steel Ratio
The polyethylene to hot-rolled coil steel ratio is 6.537 — Polyethylene at $7,818.00 per Metric Ton divided by Hot-Rolled Coil Steel at $1,196.04 per Metric Ton.
Prices as of Aug 24, 2026, 12:23 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Polyethylene to Hot-Rolled Coil Steel ratio
1.000 T of polyethylene = 6.537 T of hot-rolled coil steel
Inverse (HRC-STEEL/POL): 0.1530 — one Metric Ton of hot-rolled coil steel buys that much polyethylene.
Below its 1 year average. (13th percentile of the last 1 year)
Polyethylene
¥7,818.00
per Metric Ton
Hot-Rolled Coil Steel
$1,196.04
per Metric Ton
Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of hot-rolled coil steel per Metric Ton of polyethylene. Prices as of Mon, 24 Aug 2026 12:23:44 GMT.
These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
7.408
median 7.253
1Y low
5.692
Jun 24, 2026
1Y high
9.576
Aug 24, 2025
Normal band
6.540–8.276
mean ± 1 std dev
Deviation from mean
-1.00σ
333 observations
Polyethylene to Hot-Rolled Coil Steel ratio charts
Pick a range once — it applies to the POL/HRC-STEEL ratio line, the OHLC candles and the Polyethylene / Hot-Rolled Coil Steel price chart below.
POL/HRC-STEEL ratio line
How many T of Hot-Rolled Coil Steel one T of Polyethylene buys, over 1Y.
POL/HRC-STEEL ratio candles
Open, high, low and close of the POL/HRC-STEEL ratio for each period in the last 1Y.
Polyethylene and Hot-Rolled Coil Steel prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the polyethylene to hot-rolled coil steel ratio
Polyethylene to Hot-Rolled Coil Steel ratio = Polyethylene price per Metric Ton ÷ Hot-Rolled Coil Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of hot-rolled coil steel per Metric Ton of polyethylene — rather than a plain count.
Worked example, live prices: $7,818.00 ÷ $1,196.04 = 6.537. The inverse is 0.1530.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the polyethylene to hot-rolled coil steel ratio today?
The polyethylene to hot-rolled coil steel ratio is 6.537 — Polyethylene at $7,818.00 per Metric Ton divided by Hot-Rolled Coil Steel at $1,196.04 per Metric Ton, from live mid-market prices.
How do you calculate the polyethylene to hot-rolled coil steel ratio?
Divide the polyethylene price per Metric Ton by the hot-rolled coil steel 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 hot-rolled coil steel per Metric Ton of polyethylene.
What is the inverse of the polyethylene to hot-rolled coil steel ratio?
The inverse, hot-rolled coil steel to polyethylene, is 0.1530 — how many Metric Tons of polyethylene one Metric Ton of hot-rolled coil steel buys.