Commodity ratio · live
Steel to Polypropylene Ratio
The steel to polypropylene ratio is 0.3786 — Steel at $3,066.00 per Metric Ton divided by Polypropylene at $8,099.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:26 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Steel to Polypropylene ratio
1.000 T of steel = 0.3786 T of polypropylene
Inverse (PYL/STEEL): 2.642 — one Metric Ton of polypropylene buys that much steel.
Close to the middle of its 1 year range. (33th percentile of the last 1 year)
Steel
¥3,066.00
per Metric Ton
Polypropylene
¥8,099.00
per Metric Ton
Unit basis: CNY per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of polypropylene per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 11:26:39 GMT.
1Y average
0.4246
median 0.4424
1Y low
0.3145
Apr 7, 2026
1Y high
0.5099
Dec 23, 2025
Normal band
0.3712–0.4781
mean ± 1 std dev
Deviation from mean
-0.86σ
300 observations
Steel to Polypropylene ratio charts
Pick a range once — it applies to the STEEL/PYL ratio line, the OHLC candles and the Steel / Polypropylene price chart below.
STEEL/PYL ratio line
How many T of Polypropylene one T of Steel buys, over 1Y.
STEEL/PYL ratio candles
Open, high, low and close of the STEEL/PYL ratio for each period in the last 1Y.
Steel and Polypropylene 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 polypropylene ratio
Steel to Polypropylene ratio = Steel price per Metric Ton ÷ Polypropylene price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $3,066.00 ÷ $8,099.00 = 0.3786. The inverse is 2.642.
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 polypropylene ratio today?
The steel to polypropylene ratio is 0.3786 — Steel at $3,066.00 per Metric Ton divided by Polypropylene at $8,099.00 per Metric Ton, from live mid-market prices.
How do you calculate the steel to polypropylene ratio?
Divide the steel price per Metric Ton by the polypropylene 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 polypropylene per Metric Ton of steel.
What is the inverse of the steel to polypropylene ratio?
The inverse, polypropylene to steel, is 2.642 — how many Metric Tons of steel one Metric Ton of polypropylene buys.