Commodity ratio · live

UK Gas to Butter Ratio

The uk gas to butter ratio is 0.03796 UK Gas at $165.13 per Therm divided by Butter at $4,350.00 per Metric Ton.

Prices as of Aug 24, 2026, 11:00 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Therm

UK Gas to Butter ratio

0.03796+217.57% / 1Y

1.000 Thm of uk gas = 0.03796 T of butter

Inverse (BUTTER/UK-GAS): 26.34 — one Metric Ton of butter buys that much uk gas.

Near the top of its 1 year range — historically stretched. (99th percentile of the last 1 year)

UK Gas

$165.13

per Therm

Butter

€4,350.00

per Metric Ton

Unit basis: USD per Therm ÷ EUR per Metric Ton. The ratio reads as Metric Tons of butter per Therm of uk gas. Prices as of Mon, 24 Aug 2026 11:00:39 GMT.

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

1Y average

0.02336

median 0.02460

1Y low

0.01115

Aug 24, 2025

1Y high

0.03954

Jul 24, 2026

Normal band

0.01586–0.03086

mean ± 1 std dev

Deviation from mean

+1.95σ

343 observations

UK Gas to Butter ratio charts

Pick a range once — it applies to the UK-GAS/BUTTER ratio line, the OHLC candles and the UK Gas / Butter price chart below.

UK-GAS/BUTTER ratio line

How many T of Butter one Thm of UK Gas buys, over 1Y.

UK-GAS/BUTTER ratio candles

Open, high, low and close of the UK-GAS/BUTTER ratio for each period in the last 1Y.

UK Gas and Butter prices

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

How to calculate the uk gas to butter ratio

UK Gas to Butter ratio = UK Gas price per Therm ÷ Butter price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of butter per Therm of uk gas — rather than a plain count.

Worked example, live prices: $165.13 ÷ $4,350.00 = 0.03796. The inverse is 26.34.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the uk gas to butter ratio today?

The uk gas to butter ratio is 0.03796 — UK Gas at $165.13 per Therm divided by Butter at $4,350.00 per Metric Ton, from live mid-market prices.

How do you calculate the uk gas to butter ratio?

Divide the uk gas price per Therm by the butter 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 butter per Therm of uk gas.

What is the inverse of the uk gas to butter ratio?

The inverse, butter to uk gas, is 26.34 — how many Therms of uk gas one Metric Ton of butter buys.