Commodity ratio · live
Polyethylene to Nickel Futures Ratio
The polyethylene to nickel futures ratio is 0.4580 — Polyethylene at $7,818.00 per Metric Ton divided by Nickel Futures at $17,070.25 per Metric Ton.
Prices as of Aug 24, 2026, 12:22 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Polyethylene to Nickel Futures ratio
1.000 T of polyethylene = 0.4580 T of nickel futures
Inverse (NICKEL-FUT/POL): 2.183 — one Metric Ton of nickel futures buys that much polyethylene.
Close to the middle of its 1 year range. (67th percentile of the last 1 year)
Polyethylene
¥7,818.00
per Metric Ton
Nickel Futures
$17,070.25
per Metric Ton
Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Metric Ton of polyethylene. Prices as of Mon, 24 Aug 2026 12:22:40 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
0.4401
median 0.4483
1Y low
0.3383
Jan 6, 2026
1Y high
0.5466
Mar 22, 2026
Normal band
0.4019–0.4782
mean ± 1 std dev
Deviation from mean
+0.47σ
341 observations
Polyethylene to Nickel Futures ratio charts
Pick a range once — it applies to the POL/NICKEL-FUT ratio line, the OHLC candles and the Polyethylene / Nickel Futures price chart below.
POL/NICKEL-FUT ratio line
How many T of Nickel Futures one T of Polyethylene buys, over 1Y.
POL/NICKEL-FUT ratio candles
Open, high, low and close of the POL/NICKEL-FUT ratio for each period in the last 1Y.
Polyethylene 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 polyethylene to nickel futures ratio
Polyethylene to Nickel Futures ratio = Polyethylene 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 polyethylene — rather than a plain count.
Worked example, live prices: $7,818.00 ÷ $17,070.25 = 0.4580. The inverse is 2.183.
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 nickel futures ratio today?
The polyethylene to nickel futures ratio is 0.4580 — Polyethylene at $7,818.00 per Metric Ton divided by Nickel Futures at $17,070.25 per Metric Ton, from live mid-market prices.
How do you calculate the polyethylene to nickel futures ratio?
Divide the polyethylene 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 polyethylene.
What is the inverse of the polyethylene to nickel futures ratio?
The inverse, nickel futures to polyethylene, is 2.183 — how many Metric Tons of polyethylene one Metric Ton of nickel futures buys.