Commodity ratio · live

Swine to Steel Ratio

The swine to steel ratio is 0.02912 Swine at $91.12 per Metric Ton divided by Steel at $3,129.00 per Metric Ton.

Prices as of Sep 4, 2026, 2:31 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton
PORK · USD per Metric Ton
STEEL · CNY per Metric Ton

Swine to Steel ratio

0.02912-13.49% / 1Y

1.000 T of swine = 0.02912 T of steel

Inverse (STEEL/PORK): 34.34 — one Metric Ton of steel buys that much swine.

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

Swine

$91.12

per Metric Ton

Steel

¥3,129.00

per Metric Ton

Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Metric Ton of swine. Prices as of Fri, 04 Sep 2026 14:31:40 GMT.

Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.

These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

0.03204

median 0.03231

1Y low

0.02917

Sep 3, 2026

1Y high

0.03392

Aug 11, 2026

Normal band

0.03072–0.03337

mean ± 1 std dev

Deviation from mean

-2.20σ

23 observations

Swine to Steel ratio charts

Pick a range once — it applies to the PORK/STEEL ratio line, the OHLC candles and the Swine / Steel price chart below.

PORK/STEEL ratio line

How many T of Steel one T of Swine buys, over 1Y.

PORK/STEEL ratio candles

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

Swine and Steel prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the swine to steel ratio

Swine to Steel ratio = Swine price per Metric Ton ÷ Steel price per Metric Ton

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

Worked example, live prices: $91.12 ÷ ¥3,129.00 = 0.02912. The inverse is 34.34.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4430.58
2XAGSilver66.24
3WTIOIL-FUTCrude Oil WTI Futures91.48
4BRENTOIL-FUTCrude Oil Brent Futures96.28
5NG-FUTNatural Gas Futures2.98
6PLPlatinum1824.38
7PAPalladium1398.80

Frequently asked questions

What is the swine to steel ratio today?

The swine to steel ratio is 0.02912 — Swine at $91.12 per Metric Ton divided by Steel at ¥3,129.00 per Metric Ton, from live mid-market prices.

How do you calculate the swine to steel ratio?

Divide the swine price per Metric Ton by the steel 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 steel per Metric Ton of swine.

What is the inverse of the swine to steel ratio?

The inverse, steel to swine, is 34.34 — how many Metric Tons of swine one Metric Ton of steel buys.

Swine to Steel Ratio — 0.02912 Today | CommodityPriceAPI