Commodity ratio · live
Steel to Rapeseed Oil Ratio
The steel to rapeseed oil ratio is 5.759 — Steel at $3,066.00 per Metric Ton divided by Rapeseed Oil at $532.39 per Metric Ton.
Prices as of Aug 24, 2026, 11:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Steel to Rapeseed Oil ratio
1.000 T of steel = 5.759 T of rapeseed oil
Inverse (RSO/STEEL): 0.1736 — one Metric Ton of rapeseed oil buys that much steel.
Below its 1 year average. (10th percentile of the last 1 year)
Steel
¥3,066.00
per Metric Ton
Rapeseed Oil
$532.39
per Metric Ton
Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of rapeseed oil per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 11:32:17 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
6.257
median 6.285
1Y low
5.369
Jul 23, 2026
1Y high
6.974
Dec 29, 2025
Normal band
5.934–6.580
mean ± 1 std dev
Deviation from mean
-1.54σ
318 observations
Steel to Rapeseed Oil ratio charts
Pick a range once — it applies to the STEEL/RSO ratio line, the OHLC candles and the Steel / Rapeseed Oil price chart below.
STEEL/RSO ratio line
How many T of Rapeseed Oil one T of Steel buys, over 1Y.
STEEL/RSO ratio candles
Open, high, low and close of the STEEL/RSO ratio for each period in the last 1Y.
Steel and Rapeseed Oil 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 rapeseed oil ratio
Steel to Rapeseed Oil ratio = Steel price per Metric Ton ÷ Rapeseed Oil price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of rapeseed oil per Metric Ton of steel — rather than a plain count.
Worked example, live prices: $3,066.00 ÷ $532.39 = 5.759. The inverse is 0.1736.
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 rapeseed oil ratio today?
The steel to rapeseed oil ratio is 5.759 — Steel at $3,066.00 per Metric Ton divided by Rapeseed Oil at $532.39 per Metric Ton, from live mid-market prices.
How do you calculate the steel to rapeseed oil ratio?
Divide the steel price per Metric Ton by the rapeseed oil 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 rapeseed oil per Metric Ton of steel.
What is the inverse of the steel to rapeseed oil ratio?
The inverse, rapeseed oil to steel, is 0.1736 — how many Metric Tons of steel one Metric Ton of rapeseed oil buys.