Commodity ratio · live
Steel to Sugar, No. 11 Ratio
The steel to sugar, no. 11 ratio is 177.7 — Steel at $3,066.00 per Metric Ton divided by Sugar, No. 11 at $17.25 per Pound.
Prices as of Aug 24, 2026, 11:30 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Steel to Sugar, No. 11 ratio
1.000 T of steel = 177.739 Lb of sugar, no. 11
Inverse (LS11/STEEL): 0.005626 — one Pound of sugar, no. 11 buys that much steel.
Near the bottom of its 1 year range — historically compressed. (2th percentile of the last 1 year)
Steel
¥3,066.00
per Metric Ton
Sugar, No. 11
$17.25
per Pound
Unit basis: CNY per Metric Ton ÷ USD per Pound. The ratio reads as Pounds of sugar, no. 11 per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 11:30:54 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
207.9
median 209.0
1Y low
166.8
Aug 20, 2026
1Y high
246.3
May 7, 2026
Normal band
194.7–221.0
mean ± 1 std dev
Deviation from mean
-2.29σ
232 observations
Steel to Sugar, No. 11 ratio charts
Pick a range once — it applies to the STEEL/LS11 ratio line, the OHLC candles and the Steel / Sugar, No. 11 price chart below.
STEEL/LS11 ratio line
How many Lb of Sugar, No. 11 one T of Steel buys, over 1Y.
STEEL/LS11 ratio candles
Open, high, low and close of the STEEL/LS11 ratio for each period in the last 1Y.
Steel and Sugar, No. 11 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 sugar, no. 11 ratio
Steel to Sugar, No. 11 ratio = Steel price per Metric Ton ÷ Sugar, No. 11 price per Pound
The two legs use different units, so the result is a rate — Pounds of sugar, no. 11 per Metric Ton of steel — rather than a plain count.
Worked example, live prices: $3,066.00 ÷ $17.25 = 177.7. The inverse is 0.005626.
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 steel to sugar, no. 11 ratio today?
The steel to sugar, no. 11 ratio is 177.7 — Steel at $3,066.00 per Metric Ton divided by Sugar, No. 11 at $17.25 per Pound, from live mid-market prices.
How do you calculate the steel to sugar, no. 11 ratio?
Divide the steel price per Metric Ton by the sugar, no. 11 price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of sugar, no. 11 per Metric Ton of steel.
What is the inverse of the steel to sugar, no. 11 ratio?
The inverse, sugar, no. 11 to steel, is 0.005626 — how many Metric Tons of steel one Pound of sugar, no. 11 buys.