Commodity ratio · live
Tellurium to Wheat Futures Ratio
The tellurium to wheat futures ratio is 1.160 — Tellurium at $805.00 per Metric Ton divided by Wheat Futures at $693.86 per Ounce.
Prices as of Aug 24, 2026, 12:21 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Tellurium to Wheat Futures ratio
1.000 T of tellurium = 1.160 Oz of wheat futures
Inverse (ZW-FUT/TEL): 0.8619 — one Ounce of wheat futures buys that much tellurium.
Near the bottom of its 1 year range — historically compressed. (6th percentile of the last 1 year)
Tellurium
$805.00
per Metric Ton
Wheat Futures
$693.86
per Ounce
Unit basis: USD per Metric Ton ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Metric Ton of tellurium. Prices as of Mon, 24 Aug 2026 12:21:13 GMT.
1Y average
1.315
median 1.313
1Y low
1.087
Sep 16, 2025
1Y high
1.484
Dec 18, 2025
Normal band
1.221–1.408
mean ± 1 std dev
Deviation from mean
-1.65σ
308 observations
Tellurium to Wheat Futures ratio charts
Pick a range once — it applies to the TEL/ZW-FUT ratio line, the OHLC candles and the Tellurium / Wheat Futures price chart below.
TEL/ZW-FUT ratio line
How many Oz of Wheat Futures one T of Tellurium buys, over 1Y.
TEL/ZW-FUT ratio candles
Open, high, low and close of the TEL/ZW-FUT ratio for each period in the last 1Y.
Tellurium 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 tellurium to wheat futures ratio
Tellurium to Wheat Futures ratio = Tellurium price per Metric Ton ÷ Wheat Futures price per Ounce
The two legs use different units, so the result is a rate — Ounces of wheat futures per Metric Ton of tellurium — rather than a plain count.
Worked example, live prices: $805.00 ÷ $693.86 = 1.160. The inverse is 0.8619.
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 tellurium to wheat futures ratio today?
The tellurium to wheat futures ratio is 1.160 — Tellurium at $805.00 per Metric Ton divided by Wheat Futures at $693.86 per Ounce, from live mid-market prices.
How do you calculate the tellurium to wheat futures ratio?
Divide the tellurium price per Metric Ton 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 Metric Ton of tellurium.
What is the inverse of the tellurium to wheat futures ratio?
The inverse, wheat futures to tellurium, is 0.8619 — how many Metric Tons of tellurium one Ounce of wheat futures buys.