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Steel to Rough Rice Futures Ratio

The steel to rough rice futures ratio is 206.5 Steel at $3,066.00 per Metric Ton divided by Rough Rice Futures at $14.85 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.

Metric Ton

Steel to Rough Rice Futures ratio

206.5-20.29% / 1Y

1.000 T of steel = 206.465 Cwt of rough rice futures

Inverse (RR-FUT/STEEL): 0.004843 — one Hundredweight of rough rice futures buys that much steel.

Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)

Steel

¥3,066.00

per Metric Ton

Rough Rice Futures

$14.85

per Hundredweight

Unit basis: CNY per Metric Ton ÷ USD per Hundredweight. The ratio reads as Hundredweights of rough rice futures per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 10:35:29 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

273.7

median 279.1

1Y low

206.1

Aug 21, 2026

1Y high

334.6

Dec 18, 2025

Normal band

243.9–303.5

mean ± 1 std dev

Deviation from mean

-2.25σ

318 observations

Steel to Rough Rice Futures ratio charts

Pick a range once — it applies to the STEEL/RR-FUT ratio line, the OHLC candles and the Steel / Rough Rice Futures price chart below.

STEEL/RR-FUT ratio line

How many Cwt of Rough Rice Futures one T of Steel buys, over 1Y.

STEEL/RR-FUT ratio candles

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

Steel and Rough Rice Futures 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 rough rice futures ratio

Steel to Rough Rice Futures ratio = Steel price per Metric Ton ÷ Rough Rice Futures price per Hundredweight

The two legs use different units, so the result is a rate — Hundredweights of rough rice futures per Metric Ton of steel — rather than a plain count.

Worked example, live prices: $3,066.00 ÷ $14.85 = 206.5. The inverse is 0.004843.

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 rough rice futures ratio today?

The steel to rough rice futures ratio is 206.5 — Steel at $3,066.00 per Metric Ton divided by Rough Rice Futures at $14.85 per Hundredweight, from live mid-market prices.

How do you calculate the steel to rough rice futures ratio?

Divide the steel price per Metric Ton by the rough rice futures price per Hundredweight. If the two units differ, the result is a rate rather than a plain count — read it as Hundredweights of rough rice futures per Metric Ton of steel.

What is the inverse of the steel to rough rice futures ratio?

The inverse, rough rice futures to steel, is 0.004843 — how many Metric Tons of steel one Hundredweight of rough rice futures buys.

Steel to Rough Rice Futures Ratio — 206.5 Today | CommodityPriceAPI