Commodity ratio · live
Tea to Wheat Futures Ratio
The tea to wheat futures ratio is 0.2985 — Tea at $207.29 per Kilogram divided by Wheat Futures at $694.40 per Ounce.
Prices as of Aug 24, 2026, 12:20 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Tea to Wheat Futures ratio
1.000 Kg of tea = 0.2985 Oz of wheat futures
Inverse (ZW-FUT/TEA): 3.350 — one Ounce of wheat futures buys that much tea.
Below its 1 year average. (19th percentile of the last 1 year)
Tea
₹207.29
per Kilogram
Wheat Futures
$694.40
per Ounce
Unit basis: INR per Kilogram ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Kilogram of tea. Prices as of Mon, 24 Aug 2026 12:20:19 GMT.
These two commodities are quoted in different currencies (INR and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.3337
median 0.3488
1Y low
0.2296
Oct 5, 2025
1Y high
0.4025
Jun 29, 2026
Normal band
0.2923–0.3751
mean ± 1 std dev
Deviation from mean
-0.85σ
289 observations
Tea to Wheat Futures ratio charts
Pick a range once — it applies to the TEA/ZW-FUT ratio line, the OHLC candles and the Tea / Wheat Futures price chart below.
TEA/ZW-FUT ratio line
How many Oz of Wheat Futures one Kg of Tea buys, over 1Y.
TEA/ZW-FUT ratio candles
Open, high, low and close of the TEA/ZW-FUT ratio for each period in the last 1Y.
Tea and Wheat Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the tea to wheat futures ratio
Tea to Wheat Futures ratio = Tea price per Kilogram ÷ Wheat Futures price per Ounce
The two legs use different units, so the result is a rate — Ounces of wheat futures per Kilogram of tea — rather than a plain count.
Worked example, live prices: $207.29 ÷ $694.40 = 0.2985. The inverse is 3.350.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the tea to wheat futures ratio today?
The tea to wheat futures ratio is 0.2985 — Tea at $207.29 per Kilogram divided by Wheat Futures at $694.40 per Ounce, from live mid-market prices.
How do you calculate the tea to wheat futures ratio?
Divide the tea price per Kilogram by the wheat futures price per Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Ounces of wheat futures per Kilogram of tea.
What is the inverse of the tea to wheat futures ratio?
The inverse, wheat futures to tea, is 3.350 — how many Kilograms of tea one Ounce of wheat futures buys.