Commodity ratio · live
Pork Belly to Steel Ratio
The pork belly to steel ratio is 0.03892 — Pork Belly at $121.85 per Hundredweight divided by Steel at $3,131.00 per Metric Ton.
Prices as of Sep 4, 2026, 8:01 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Pork Belly to Steel ratio
1.000 cwt of pork belly = 0.03892 T of steel
Inverse (STEEL/PORK-BELLY): 25.70 — one Metric Ton of steel buys that much pork belly.
Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)
Pork Belly
$121.85
per Hundredweight
Steel
¥3,131.00
per Metric Ton
Unit basis: USD per Hundredweight ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Hundredweight of pork belly. Prices as of Fri, 04 Sep 2026 20:01:26 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.05132
median 0.05190
1Y low
0.03900
Sep 3, 2026
1Y high
0.05537
Aug 11, 2026
Normal band
0.04747–0.05516
mean ± 1 std dev
Deviation from mean
-3.23σ
23 observations
Pork Belly to Steel ratio charts
Pick a range once — it applies to the PORK-BELLY/STEEL ratio line, the OHLC candles and the Pork Belly / Steel price chart below.
PORK-BELLY/STEEL ratio line
How many T of Steel one cwt of Pork Belly buys, over 1Y.
PORK-BELLY/STEEL ratio candles
Open, high, low and close of the PORK-BELLY/STEEL ratio for each period in the last 1Y.
Pork Belly and Steel prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the pork belly to steel ratio
Pork Belly to Steel ratio = Pork Belly price per Hundredweight ÷ Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of steel per Hundredweight of pork belly — rather than a plain count.
Worked example, live prices: $121.85 ÷ ¥3,131.00 = 0.03892. The inverse is 25.70.
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 | 4430.58 |
| 2 | XAG | Silver | 66.24 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 91.48 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 96.28 |
| 5 | NG-FUT | Natural Gas Futures | 2.98 |
| 6 | PL | Platinum | 1824.38 |
| 7 | PA | Palladium | 1398.80 |
Frequently asked questions
What is the pork belly to steel ratio today?
The pork belly to steel ratio is 0.03892 — Pork Belly at $121.85 per Hundredweight divided by Steel at ¥3,131.00 per Metric Ton, from live mid-market prices.
How do you calculate the pork belly to steel ratio?
Divide the pork belly price per Hundredweight by the 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 steel per Hundredweight of pork belly.
What is the inverse of the pork belly to steel ratio?
The inverse, steel to pork belly, is 25.70 — how many Hundredweights of pork belly one Metric Ton of steel buys.