Commodity ratio · live
Urea to Nickel Futures Ratio
The urea to nickel futures ratio is 0.02396 — Urea at $409.00 per Metric Ton divided by Nickel Futures at $17,071.13 per Metric Ton.
Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Urea to Nickel Futures ratio
1.000 T of urea = 0.02396 T of nickel futures
Inverse (NICKEL-FUT/UREA): 41.74 — one Metric Ton of nickel futures buys that much urea.
Below its 1 year average. (26th percentile of the last 1 year)
Urea
$409.00
per Metric Ton
Nickel Futures
$17,071.13
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Metric Ton of urea. Prices as of Mon, 24 Aug 2026 12:24:48 GMT.
1Y average
0.02702
median 0.02529
1Y low
0.01993
Jun 17, 2026
1Y high
0.04135
Apr 7, 2026
Normal band
0.02178–0.03225
mean ± 1 std dev
Deviation from mean
-0.58σ
362 observations
Urea to Nickel Futures ratio charts
Pick a range once — it applies to the UREA/NICKEL-FUT ratio line, the OHLC candles and the Urea / Nickel Futures price chart below.
UREA/NICKEL-FUT ratio line
How many T of Nickel Futures one T of Urea buys, over 1Y.
UREA/NICKEL-FUT ratio candles
Open, high, low and close of the UREA/NICKEL-FUT ratio for each period in the last 1Y.
Urea and Nickel 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 nickel futures ratio
Urea to Nickel Futures ratio = Urea price per Metric Ton ÷ Nickel Futures price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $409.00 ÷ $17,071.13 = 0.02396. The inverse is 41.74.
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 urea to nickel futures ratio today?
The urea to nickel futures ratio is 0.02396 — Urea at $409.00 per Metric Ton divided by Nickel Futures at $17,071.13 per Metric Ton, from live mid-market prices.
How do you calculate the urea to nickel futures ratio?
Divide the urea price per Metric Ton by the nickel futures 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 nickel futures per Metric Ton of urea.
What is the inverse of the urea to nickel futures ratio?
The inverse, nickel futures to urea, is 41.74 — how many Metric Tons of urea one Metric Ton of nickel futures buys.