Commodity ratio · live
Polypropylene to Nickel Futures Ratio
The polypropylene to nickel futures ratio is 0.4769 — Polypropylene at $8,142.00 per Metric Ton divided by Nickel Futures at $17,071.13 per Metric Ton.
Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Polypropylene to Nickel Futures ratio
1.000 T of polypropylene = 0.4769 T of nickel futures
Inverse (NICKEL-FUT/PYL): 2.097 — one Metric Ton of nickel futures buys that much polypropylene.
Above its 1 year average. (81th percentile of the last 1 year)
Polypropylene
¥8,142.00
per Metric Ton
Nickel Futures
$17,071.13
per Metric Ton
Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Metric Ton of polypropylene. Prices as of Mon, 24 Aug 2026 12:24:45 GMT.
These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.4428
median 0.4433
1Y low
0.3327
Jan 6, 2026
1Y high
0.5720
Apr 7, 2026
Normal band
0.3978–0.4878
mean ± 1 std dev
Deviation from mean
+0.76σ
342 observations
Polypropylene to Nickel Futures ratio charts
Pick a range once — it applies to the PYL/NICKEL-FUT ratio line, the OHLC candles and the Polypropylene / Nickel Futures price chart below.
PYL/NICKEL-FUT ratio line
How many T of Nickel Futures one T of Polypropylene buys, over 1Y.
PYL/NICKEL-FUT ratio candles
Open, high, low and close of the PYL/NICKEL-FUT ratio for each period in the last 1Y.
Polypropylene 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 polypropylene to nickel futures ratio
Polypropylene to Nickel Futures ratio = Polypropylene price per Metric Ton ÷ Nickel Futures price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of nickel futures per Metric Ton of polypropylene — rather than a plain count.
Worked example, live prices: $8,142.00 ÷ $17,071.13 = 0.4769. The inverse is 2.097.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the polypropylene to nickel futures ratio today?
The polypropylene to nickel futures ratio is 0.4769 — Polypropylene at $8,142.00 per Metric Ton divided by Nickel Futures at $17,071.13 per Metric Ton, from live mid-market prices.
How do you calculate the polypropylene to nickel futures ratio?
Divide the polypropylene price per Metric Ton 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 Metric Ton of polypropylene.
What is the inverse of the polypropylene to nickel futures ratio?
The inverse, nickel futures to polypropylene, is 2.097 — how many Metric Tons of polypropylene one Metric Ton of nickel futures buys.