Commodity ratio · live
Steel to Soft Logs Ratio
The steel to soft logs ratio is 16.16 — Steel at $3,066.00 per Metric Ton divided by Soft Logs at $189.68 per Cubic Meter.
Prices as of Aug 24, 2026, 10:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Steel to Soft Logs ratio
1.000 T of steel = 16.164 cum of soft logs
Inverse (LOGORE/STEEL): 0.06187 — one Cubic Meter of soft logs buys that much steel.
Steel
¥3,066.00
per Metric Ton
Soft Logs
$189.68
per Cubic Meter
Unit basis: CNY per Metric Ton ÷ USD per Cubic Meter. The ratio reads as Cubic Meters of soft logs per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 10:29:19 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.
Steel to Soft Logs ratio charts
Pick a range once — it applies to the STEEL/LOGORE ratio line, the OHLC candles and the Steel / Soft Logs price chart below.
STEEL/LOGORE ratio line
How many cum of Soft Logs one T of Steel buys, over 1Y.
No overlapping history for STEEL/LOGORE over 1Y. Try a longer range.
STEEL/LOGORE ratio candles
Open, high, low and close of the STEEL/LOGORE ratio for each period in the last 1Y.
No overlapping history for STEEL/LOGORE over 1Y. Try a longer range.
Steel and Soft Logs 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 soft logs ratio
Steel to Soft Logs ratio = Steel price per Metric Ton ÷ Soft Logs price per Cubic Meter
The two legs use different units, so the result is a rate — Cubic Meters of soft logs per Metric Ton of steel — rather than a plain count.
Worked example, live prices: $3,066.00 ÷ $189.68 = 16.16. The inverse is 0.06187.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the steel to soft logs ratio today?
The steel to soft logs ratio is 16.16 — Steel at $3,066.00 per Metric Ton divided by Soft Logs at $189.68 per Cubic Meter, from live mid-market prices.
How do you calculate the steel to soft logs ratio?
Divide the steel price per Metric Ton by the soft logs price per Cubic Meter. If the two units differ, the result is a rate rather than a plain count — read it as Cubic Meters of soft logs per Metric Ton of steel.
What is the inverse of the steel to soft logs ratio?
The inverse, soft logs to steel, is 0.06187 — how many Metric Tons of steel one Cubic Meter of soft logs buys.