Commodity ratio · live
Propane to Lumber Futures Ratio
The propane to lumber futures ratio is 0.001307 — Propane at $0.7500 per Gallon divided by Lumber Futures at $574.00 per Thousand Board Feet.
Prices as of Aug 24, 2026, 10:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Propane to Lumber Futures ratio
1.000 Gal of propane = 0.001307 Mbf of lumber futures
Inverse (LB-FUT/PROP): 765.3 — one Thousand Board Feet of lumber futures buys that much propane.
Above its 1 year average. (71th percentile of the last 1 year)
Propane
$0.7500
per Gallon
Lumber Futures
$574.00
per Thousand Board Feet
Unit basis: USD per Gallon ÷ USD per Thousand Board Feet. The ratio reads as Thousand Board Feets of lumber futures per Gallon of propane. Prices as of Mon, 24 Aug 2026 10:29:17 GMT.
1Y average
0.001236
median 0.001214
1Y low
0.0009879
Jan 16, 2026
1Y high
0.001595
May 4, 2026
Normal band
0.001115–0.001357
mean ± 1 std dev
Deviation from mean
+0.58σ
335 observations
Propane to Lumber Futures ratio charts
Pick a range once — it applies to the PROP/LB-FUT ratio line, the OHLC candles and the Propane / Lumber Futures price chart below.
PROP/LB-FUT ratio line
How many Mbf of Lumber Futures one Gal of Propane buys, over 1Y.
PROP/LB-FUT ratio candles
Open, high, low and close of the PROP/LB-FUT ratio for each period in the last 1Y.
Propane and Lumber Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the propane to lumber futures ratio
Propane to Lumber Futures ratio = Propane price per Gallon ÷ Lumber Futures price per Thousand Board Feet
The two legs use different units, so the result is a rate — Thousand Board Feets of lumber futures per Gallon of propane — rather than a plain count.
Worked example, live prices: $0.7500 ÷ $574.00 = 0.001307. The inverse is 765.3.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the propane to lumber futures ratio today?
The propane to lumber futures ratio is 0.001307 — Propane at $0.7500 per Gallon divided by Lumber Futures at $574.00 per Thousand Board Feet, from live mid-market prices.
How do you calculate the propane to lumber futures ratio?
Divide the propane price per Gallon by the lumber futures price per Thousand Board Feet. If the two units differ, the result is a rate rather than a plain count — read it as Thousand Board Feets of lumber futures per Gallon of propane.
What is the inverse of the propane to lumber futures ratio?
The inverse, lumber futures to propane, is 765.3 — how many Gallons of propane one Thousand Board Feet of lumber futures buys.