Commodity ratio · live

Propane to Lead Futures Ratio

The propane to lead futures ratio is 0.0003927 Propane at $0.7500 per Gallon divided by Lead Futures at $1,909.88 per Metric Ton.

Prices as of Aug 24, 2026, 10:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Gallon

Propane to Lead Futures ratio

0.0003927+13.54% / 1Y

1.000 Gal of propane = 0.0003927 T of lead futures

Inverse (LEAD-FUT/PROP): 2547 — one Metric Ton of lead futures buys that much propane.

Close to the middle of its 1 year range. (67th percentile of the last 1 year)

Propane

$0.7500

per Gallon

Lead Futures

$1,909.88

per Metric Ton

Unit basis: USD per Gallon ÷ USD per Metric Ton. The ratio reads as Metric Tons of lead futures per Gallon of propane. Prices as of Mon, 24 Aug 2026 10:29:05 GMT.

1Y average

0.0003648

median 0.0003587

1Y low

0.0002907

Jan 16, 2026

1Y high

0.0004669

May 4, 2026

Normal band

0.0003250–0.0004045

mean ± 1 std dev

Deviation from mean

+0.70σ

344 observations

Propane to Lead Futures ratio charts

Pick a range once — it applies to the PROP/LEAD-FUT ratio line, the OHLC candles and the Propane / Lead Futures price chart below.

PROP/LEAD-FUT ratio line

How many T of Lead Futures one Gal of Propane buys, over 1Y.

PROP/LEAD-FUT ratio candles

Open, high, low and close of the PROP/LEAD-FUT ratio for each period in the last 1Y.

Propane and Lead 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 lead futures ratio

Propane to Lead Futures ratio = Propane price per Gallon ÷ Lead Futures price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of lead futures per Gallon of propane — rather than a plain count.

Worked example, live prices: $0.7500 ÷ $1,909.88 = 0.0003927. The inverse is 2547.

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 propane to lead futures ratio today?

The propane to lead futures ratio is 0.0003927 — Propane at $0.7500 per Gallon divided by Lead Futures at $1,909.88 per Metric Ton, from live mid-market prices.

How do you calculate the propane to lead futures ratio?

Divide the propane price per Gallon by the lead 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 lead futures per Gallon of propane.

What is the inverse of the propane to lead futures ratio?

The inverse, lead futures to propane, is 2547 — how many Gallons of propane one Metric Ton of lead futures buys.

Propane to Lead Futures Ratio — 0.0003927 Today | CommodityPriceAPI