Commodity ratio · live

Steel to Kraft Pulp Ratio

The steel to kraft pulp ratio is 0.6278 Steel at $3,066.00 per Metric Ton divided by Kraft Pulp at $4,884.00 per Metric Ton.

Prices as of Aug 24, 2026, 10:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Steel to Kraft Pulp ratio

0.6278+2.08% / 1Y

1.000 T of steel = 0.6278 T of kraft pulp

Inverse (K-PULP/STEEL): 1.593 — one Metric Ton of kraft pulp buys that much steel.

Close to the middle of its 1 year range. (54th percentile of the last 1 year)

Steel

¥3,066.00

per Metric Ton

Kraft Pulp

$4,884.00

per Metric Ton

Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of kraft pulp per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 10:32:55 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

0.6192

median 0.6248

1Y low

0.5526

Dec 25, 2025

1Y high

0.6709

Nov 28, 2025

Normal band

0.5928–0.6457

mean ± 1 std dev

Deviation from mean

+0.32σ

306 observations

Steel to Kraft Pulp ratio charts

Pick a range once — it applies to the STEEL/K-PULP ratio line, the OHLC candles and the Steel / Kraft Pulp price chart below.

STEEL/K-PULP ratio line

How many T of Kraft Pulp one T of Steel buys, over 1Y.

STEEL/K-PULP ratio candles

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

Steel and Kraft Pulp prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the steel to kraft pulp ratio

Steel to Kraft Pulp ratio = Steel price per Metric Ton ÷ Kraft Pulp price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of kraft pulp per Metric Ton of steel — rather than a plain count.

Worked example, live prices: $3,066.00 ÷ $4,884.00 = 0.6278. The inverse is 1.593.

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 steel to kraft pulp ratio today?

The steel to kraft pulp ratio is 0.6278 — Steel at $3,066.00 per Metric Ton divided by Kraft Pulp at $4,884.00 per Metric Ton, from live mid-market prices.

How do you calculate the steel to kraft pulp ratio?

Divide the steel price per Metric Ton by the kraft pulp 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 kraft pulp per Metric Ton of steel.

What is the inverse of the steel to kraft pulp ratio?

The inverse, kraft pulp to steel, is 1.593 — how many Metric Tons of steel one Metric Ton of kraft pulp buys.

Steel to Kraft Pulp Ratio — 0.6278 Today | CommodityPriceAPI