Commodity ratio · live

Propane to Nickel Futures Ratio

The propane to nickel futures ratio is 0.00004410 Propane at $0.7500 per Gallon divided by Nickel Futures at $17,007.88 per Metric Ton.

Prices as of Aug 24, 2026, 11:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Gallon

Propane to Nickel Futures ratio

0.00004410-1.13% / 1Y

1.000 Gal of propane = 0.00004410 T of nickel futures

Inverse (NICKEL-FUT/PROP): 22677 — one Metric Ton of nickel futures buys that much propane.

Close to the middle of its 1 year range. (55th percentile of the last 1 year)

Propane

$0.7500

per Gallon

Nickel Futures

$17,007.88

per Metric Ton

Unit basis: USD per Gallon ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Gallon of propane. Prices as of Mon, 24 Aug 2026 11:34:25 GMT.

1Y average

0.00004290

median 0.00004362

1Y low

0.00003252

Jan 17, 2026

1Y high

0.00004852

Dec 5, 2025

Normal band

0.00003950–0.00004630

mean ± 1 std dev

Deviation from mean

+0.35σ

361 observations

Propane to Nickel Futures ratio charts

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

PROP/NICKEL-FUT ratio line

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

PROP/NICKEL-FUT ratio candles

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

Propane and Nickel 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 nickel futures ratio

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

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

Worked example, live prices: $0.7500 ÷ $17,007.88 = 0.00004410. The inverse is 22677.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the propane to nickel futures ratio today?

The propane to nickel futures ratio is 0.00004410 — Propane at $0.7500 per Gallon divided by Nickel Futures at $17,007.88 per Metric Ton, from live mid-market prices.

How do you calculate the propane to nickel futures ratio?

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

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

The inverse, nickel futures to propane, is 22677 — how many Gallons of propane one Metric Ton of nickel futures buys.

Propane to Nickel Futures Ratio — 0.00004410 Today | CommodityPriceAPI