Commodity ratio · live
Polyethylene to Wheat Futures Ratio
The polyethylene to wheat futures ratio is 11.26 — Polyethylene at $7,818.00 per Metric Ton divided by Wheat Futures at $694.40 per Ounce.
Prices as of Aug 24, 2026, 12:20 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Polyethylene to Wheat Futures ratio
1.000 T of polyethylene = 11.259 Oz of wheat futures
Inverse (ZW-FUT/POL): 0.08882 — one Ounce of wheat futures buys that much polyethylene.
Near the bottom of its 1 year range — historically compressed. (1th percentile of the last 1 year)
Polyethylene
¥7,818.00
per Metric Ton
Wheat Futures
$694.40
per Ounce
Unit basis: CNY per Metric Ton ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Metric Ton of polyethylene. Prices as of Mon, 24 Aug 2026 12:20:43 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
12.92
median 12.79
1Y low
11.02
Feb 28, 2026
1Y high
15.94
Apr 7, 2026
Normal band
12.00–13.84
mean ± 1 std dev
Deviation from mean
-1.81σ
306 observations
Polyethylene to Wheat Futures ratio charts
Pick a range once — it applies to the POL/ZW-FUT ratio line, the OHLC candles and the Polyethylene / Wheat Futures price chart below.
POL/ZW-FUT ratio line
How many Oz of Wheat Futures one T of Polyethylene buys, over 1Y.
POL/ZW-FUT ratio candles
Open, high, low and close of the POL/ZW-FUT ratio for each period in the last 1Y.
Polyethylene 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 polyethylene to wheat futures ratio
Polyethylene to Wheat Futures ratio = Polyethylene 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 polyethylene — rather than a plain count.
Worked example, live prices: $7,818.00 ÷ $694.40 = 11.26. The inverse is 0.08882.
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 wheat futures ratio today?
The polyethylene to wheat futures ratio is 11.26 — Polyethylene at $7,818.00 per Metric Ton divided by Wheat Futures at $694.40 per Ounce, from live mid-market prices.
How do you calculate the polyethylene to wheat futures ratio?
Divide the polyethylene 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 polyethylene.
What is the inverse of the polyethylene to wheat futures ratio?
The inverse, wheat futures to polyethylene, is 0.08882 — how many Metric Tons of polyethylene one Ounce of wheat futures buys.