Commodity ratio · live

Steel to US Residential Propane Ratio

The steel to us residential propane ratio is 1148 Steel at $3,066.00 per Metric Ton divided by US Residential Propane at $2.67 per Gallon.

Prices as of Aug 24, 2026, 10:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Steel to US Residential Propane ratio

1148-4.34% / 1Y

1.000 T of steel = 1,148.3 gal of us residential propane

Inverse (PROPANE-RES-US/STEEL): 0.0008708 — one Gallon of us residential propane buys that much steel.

Below its 1 year average. (30th percentile of the last 1 year)

Steel

¥3,066.00

per Metric Ton

US Residential Propane

$2.67

per Gallon

Unit basis: CNY per Metric Ton ÷ USD per Gallon. The ratio reads as Gallons of us residential propane per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 10:33:55 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

1164

median 1166

1Y low

1129

Feb 23, 2026

1Y high

1202

Jan 26, 2026

Normal band

1147–1182

mean ± 1 std dev

Deviation from mean

-0.94σ

10 observations

Steel to US Residential Propane ratio charts

Pick a range once — it applies to the STEEL/PROPANE-RES-US ratio line, the OHLC candles and the Steel / US Residential Propane price chart below.

STEEL/PROPANE-RES-US ratio line

How many gal of US Residential Propane one T of Steel buys, over 1Y.

STEEL/PROPANE-RES-US ratio candles

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

Steel and US Residential Propane 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 us residential propane ratio

Steel to US Residential Propane ratio = Steel price per Metric Ton ÷ US Residential Propane price per Gallon

The two legs use different units, so the result is a rate — Gallons of us residential propane per Metric Ton of steel — rather than a plain count.

Worked example, live prices: $3,066.00 ÷ $2.67 = 1148. The inverse is 0.0008708.

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 us residential propane ratio today?

The steel to us residential propane ratio is 1148 — Steel at $3,066.00 per Metric Ton divided by US Residential Propane at $2.67 per Gallon, from live mid-market prices.

How do you calculate the steel to us residential propane ratio?

Divide the steel price per Metric Ton by the us residential propane price per Gallon. If the two units differ, the result is a rate rather than a plain count — read it as Gallons of us residential propane per Metric Ton of steel.

What is the inverse of the steel to us residential propane ratio?

The inverse, us residential propane to steel, is 0.0008708 — how many Metric Tons of steel one Gallon of us residential propane buys.

Steel to US Residential Propane Ratio — 1148 Today | CommodityPriceAPI