Commodity ratio · live

Rough Rice Futures to Steel Ratio

The rough rice futures to steel ratio is 0.004843 Rough Rice Futures at $14.85 per Hundredweight divided by Steel at $3,066.00 per Metric Ton.

Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Hundredweight

Rough Rice Futures to Steel ratio

0.004843+25.46% / 1Y

1.000 Cwt of rough rice futures = 0.004843 T of steel

Inverse (STEEL/RR-FUT): 206.5 — one Metric Ton of steel buys that much rough rice futures.

Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)

Rough Rice Futures

$14.85

per Hundredweight

Steel

¥3,066.00

per Metric Ton

Unit basis: USD per Hundredweight ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Hundredweight of rough rice futures. Prices as of Mon, 24 Aug 2026 10:35:29 GMT.

These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

0.003701

median 0.003583

1Y low

0.002988

Dec 18, 2025

1Y high

0.004852

Aug 21, 2026

Normal band

0.003263–0.004140

mean ± 1 std dev

Deviation from mean

+2.61σ

318 observations

Rough Rice Futures to Steel ratio charts

Pick a range once — it applies to the RR-FUT/STEEL ratio line, the OHLC candles and the Rough Rice Futures / Steel price chart below.

RR-FUT/STEEL ratio line

How many T of Steel one Cwt of Rough Rice Futures buys, over 1Y.

RR-FUT/STEEL ratio candles

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

Rough Rice Futures 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 rough rice futures to steel ratio

Rough Rice Futures to Steel ratio = Rough Rice Futures price per Hundredweight ÷ Steel price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of steel per Hundredweight of rough rice futures — rather than a plain count.

Worked example, live prices: $14.85 ÷ $3,066.00 = 0.004843. The inverse is 206.5.

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 rough rice futures to steel ratio today?

The rough rice futures to steel ratio is 0.004843 — Rough Rice Futures at $14.85 per Hundredweight divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.

How do you calculate the rough rice futures to steel ratio?

Divide the rough rice futures price per Hundredweight 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 Hundredweight of rough rice futures.

What is the inverse of the rough rice futures to steel ratio?

The inverse, steel to rough rice futures, is 206.5 — how many Hundredweights of rough rice futures one Metric Ton of steel buys.

Rough Rice Futures to Steel Ratio — 0.004843 Today | CommodityPriceAPI