Commodity ratio · live
Steel to Pork Belly Ratio
The steel to pork belly ratio is 19.49 — Steel at $3,066.00 per Metric Ton divided by Pork Belly at $157.30 per Hundredweight.
Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Steel to Pork Belly ratio
1.000 T of steel = 19.491 cwt of pork belly
Inverse (PORK-BELLY/STEEL): 0.05130 — one Hundredweight of pork belly buys that much steel.
Above its 1 year average. (85th percentile of the last 1 year)
Steel
¥3,066.00
per Metric Ton
Pork Belly
$157.30
per Hundredweight
Unit basis: CNY per Metric Ton ÷ USD per Hundredweight. The ratio reads as Hundredweights of pork belly per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 10:35:09 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
18.76
median 18.44
1Y low
18.06
Aug 11, 2026
1Y high
19.77
Aug 20, 2026
Normal band
18.19–19.33
mean ± 1 std dev
Deviation from mean
+1.28σ
13 observations
Steel to Pork Belly ratio charts
Pick a range once — it applies to the STEEL/PORK-BELLY ratio line, the OHLC candles and the Steel / Pork Belly price chart below.
STEEL/PORK-BELLY ratio line
How many cwt of Pork Belly one T of Steel buys, over 1Y.
STEEL/PORK-BELLY ratio candles
Open, high, low and close of the STEEL/PORK-BELLY ratio for each period in the last 1Y.
Steel and Pork Belly 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 pork belly ratio
Steel to Pork Belly ratio = Steel price per Metric Ton ÷ Pork Belly price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of pork belly per Metric Ton of steel — rather than a plain count.
Worked example, live prices: $3,066.00 ÷ $157.30 = 19.49. The inverse is 0.05130.
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 pork belly ratio today?
The steel to pork belly ratio is 19.49 — Steel at $3,066.00 per Metric Ton divided by Pork Belly at $157.30 per Hundredweight, from live mid-market prices.
How do you calculate the steel to pork belly ratio?
Divide the steel price per Metric Ton by the pork belly price per Hundredweight. If the two units differ, the result is a rate rather than a plain count — read it as Hundredweights of pork belly per Metric Ton of steel.
What is the inverse of the steel to pork belly ratio?
The inverse, pork belly to steel, is 0.05130 — how many Metric Tons of steel one Hundredweight of pork belly buys.