Commodity ratio · live

Urea to Natural Gas Futures Ratio

The urea to natural gas futures ratio is 145.0 Urea at $409.00 per Metric Ton divided by Natural Gas Futures at $2.82 per Million British Thermal Units.

Prices as of Aug 24, 2026, 12:20 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Urea to Natural Gas Futures ratio

145.0+6.05% / 1Y

1.000 T of urea = 145.035 MMBtu of natural gas futures

Inverse (NG-FUT/UREA): 0.006895 — one Million British Thermal Units of natural gas futures buys that much urea.

Close to the middle of its 1 year range. (62th percentile of the last 1 year)

Urea

$409.00

per Metric Ton

Natural Gas Futures

$2.82

per Million British Thermal Units

Unit basis: USD per Metric Ton ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas futures per Metric Ton of urea. Prices as of Mon, 24 Aug 2026 12:20:44 GMT.

1Y average

143.7

median 131.5

1Y low

60.32

Jan 25, 2026

1Y high

278.1

Apr 15, 2026

Normal band

91.75–195.7

mean ± 1 std dev

Deviation from mean

+0.02σ

349 observations

Urea to Natural Gas Futures ratio charts

Pick a range once — it applies to the UREA/NG-FUT ratio line, the OHLC candles and the Urea / Natural Gas Futures price chart below.

UREA/NG-FUT ratio line

How many MMBtu of Natural Gas Futures one T of Urea buys, over 1Y.

UREA/NG-FUT ratio candles

Open, high, low and close of the UREA/NG-FUT ratio for each period in the last 1Y.

Urea and Natural Gas Futures prices

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

How to calculate the urea to natural gas futures ratio

Urea to Natural Gas Futures ratio = Urea price per Metric Ton ÷ Natural Gas Futures price per Million British Thermal Units

The two legs use different units, so the result is a rate — Million British Thermal Unitss of natural gas futures per Metric Ton of urea — rather than a plain count.

Worked example, live prices: $409.00 ÷ $2.82 = 145.0. The inverse is 0.006895.

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 urea to natural gas futures ratio today?

The urea to natural gas futures ratio is 145.0 — Urea at $409.00 per Metric Ton divided by Natural Gas Futures at $2.82 per Million British Thermal Units, from live mid-market prices.

How do you calculate the urea to natural gas futures ratio?

Divide the urea price per Metric Ton by the natural gas futures price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas futures per Metric Ton of urea.

What is the inverse of the urea to natural gas futures ratio?

The inverse, natural gas futures to urea, is 0.006895 — how many Metric Tons of urea one Million British Thermal Units of natural gas futures buys.

Urea to Natural Gas Futures Ratio — 145.0 Today | CommodityPriceAPI