Commodity ratio · live

Pork Belly to Steel Ratio

The pork belly to steel ratio is 0.05130 Pork Belly at $157.30 per Hundredweight divided by Steel at $3,066.00 per Metric Ton.

Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Hundredweight

Pork Belly to Steel ratio

0.05130-5.37% / 1Y

1.000 cwt of pork belly = 0.05130 T of steel

Inverse (STEEL/PORK-BELLY): 19.49 — one Metric Ton of steel buys that much pork belly.

Below its 1 year average. (15th percentile of the last 1 year)

Pork Belly

$157.30

per Hundredweight

Steel

¥3,066.00

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 Mon, 24 Aug 2026 10:35:09 GMT.

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

0.05335

median 0.05422

1Y low

0.05058

Aug 20, 2026

1Y high

0.05537

Aug 11, 2026

Normal band

0.05174–0.05496

mean ± 1 std dev

Deviation from mean

-1.27σ

13 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: $157.30 ÷ $3,066.00 = 0.05130. The inverse is 19.49.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the pork belly to steel ratio today?

The pork belly to steel ratio is 0.05130 — Pork Belly at $157.30 per Hundredweight divided by Steel at $3,066.00 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 19.49 — how many Hundredweights of pork belly one Metric Ton of steel buys.

Pork Belly to Steel Ratio — 0.05130 Today | CommodityPriceAPI