Commodity ratio · live
Rapeseed Oil to Steel Ratio
The rapeseed oil to steel ratio is 0.1735 — Rapeseed Oil at $531.90 per Metric Ton divided by Steel at $3,066.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:36 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Rapeseed Oil to Steel ratio
1.000 T of rapeseed oil = 0.1735 T of steel
Inverse (STEEL/RSO): 5.764 — one Metric Ton of steel buys that much rapeseed oil.
Above its 1 year average. (90th percentile of the last 1 year)
Rapeseed Oil
$531.90
per Metric Ton
Steel
¥3,066.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Metric Ton of rapeseed oil. Prices as of Mon, 24 Aug 2026 10:36:25 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
0.1603
median 0.1591
1Y low
0.1434
Dec 29, 2025
1Y high
0.1863
Jul 23, 2026
Normal band
0.1517–0.1688
mean ± 1 std dev
Deviation from mean
+1.54σ
318 observations
Rapeseed Oil to Steel ratio charts
Pick a range once — it applies to the RSO/STEEL ratio line, the OHLC candles and the Rapeseed Oil / Steel price chart below.
RSO/STEEL ratio line
How many T of Steel one T of Rapeseed Oil buys, over 1Y.
RSO/STEEL ratio candles
Open, high, low and close of the RSO/STEEL ratio for each period in the last 1Y.
Rapeseed Oil 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 rapeseed oil to steel ratio
Rapeseed Oil to Steel ratio = Rapeseed Oil price per Metric Ton ÷ Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of steel per Metric Ton of rapeseed oil — rather than a plain count.
Worked example, live prices: $531.90 ÷ $3,066.00 = 0.1735. The inverse is 5.764.
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 rapeseed oil to steel ratio today?
The rapeseed oil to steel ratio is 0.1735 — Rapeseed Oil at $531.90 per Metric Ton divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.
How do you calculate the rapeseed oil to steel ratio?
Divide the rapeseed oil 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 rapeseed oil.
What is the inverse of the rapeseed oil to steel ratio?
The inverse, steel to rapeseed oil, is 5.764 — how many Metric Tons of rapeseed oil one Metric Ton of steel buys.