Commodity ratio · live
Polypropylene to Steel Ratio
The polypropylene to steel ratio is 2.642 — Polypropylene at $8,099.00 per Metric Ton divided by Steel at $3,066.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:26 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Polypropylene to Steel ratio
1.000 T of polypropylene = 2.642 T of steel
Inverse (STEEL/PYL): 0.3786 — one Metric Ton of steel buys that much polypropylene.
Close to the middle of its 1 year range. (67th percentile of the last 1 year)
Polypropylene
¥8,099.00
per Metric Ton
Steel
¥3,066.00
per Metric Ton
Unit basis: CNY per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Metric Ton of polypropylene. Prices as of Mon, 24 Aug 2026 11:26:40 GMT.
1Y average
2.394
median 2.261
1Y low
1.961
Dec 23, 2025
1Y high
3.180
Apr 7, 2026
Normal band
2.082–2.707
mean ± 1 std dev
Deviation from mean
+0.79σ
300 observations
Polypropylene to Steel ratio charts
Pick a range once — it applies to the PYL/STEEL ratio line, the OHLC candles and the Polypropylene / Steel price chart below.
PYL/STEEL ratio line
How many T of Steel one T of Polypropylene buys, over 1Y.
PYL/STEEL ratio candles
Open, high, low and close of the PYL/STEEL ratio for each period in the last 1Y.
Polypropylene 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 polypropylene to steel ratio
Polypropylene to Steel ratio = Polypropylene price per Metric Ton ÷ Steel price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $8,099.00 ÷ $3,066.00 = 2.642. The inverse is 0.3786.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the polypropylene to steel ratio today?
The polypropylene to steel ratio is 2.642 — Polypropylene at $8,099.00 per Metric Ton divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.
How do you calculate the polypropylene to steel ratio?
Divide the polypropylene price per Metric Ton 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 Metric Ton of polypropylene.
What is the inverse of the polypropylene to steel ratio?
The inverse, steel to polypropylene, is 0.3786 — how many Metric Tons of polypropylene one Metric Ton of steel buys.