Commodity ratio · live

Wheat Futures to Bitumen Ratio

The wheat futures to bitumen ratio is 34159 — Wheat Futures at $23,812.75 per kilogram divided by Bitumen at $0.6971 per kilogram.

Bitumen is quoted in CNY, so that leg is converted to US dollars at the live mid-market rate before dividing; wheat futures is quoted per ounce and bitumen per metric ton, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.

Prices as of Oct 13, 2026, 1:36 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Ounce
ZW-FUT · USD per Ounce
BIT · CNY per Metric Ton

Wheat Futures to Bitumen ratio

34159

1.000 kg of wheat futures = 34,159 kg of bitumen

Inverse (BIT/ZW-FUT): 0.00002927 — one kilogram of bitumen buys that much wheat futures.

Wheat Futures

$23,812.75

per kilogram

Bitumen

$0.6971

per kilogram

quoted CNY 4,666.00 per Metric Ton

Unit basis: USD per kilogram ÷ USD per kilogram. Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number. Prices as of Tue, 13 Oct 2026 13:36:42 GMT.

Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.

Bitumen is quoted in CNY, so that leg is converted to US dollars at the live mid-market rate before dividing; wheat futures is quoted per ounce and bitumen per metric ton, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.

The chart and range statistics need a daily CNY to US dollar rate to put both legs on one currency across the year. That rate is unavailable right now, so only the live ratio is published — an old price converted at today's rate would draw currency moves as commodity moves.

Wheat Futures to Bitumen ratio charts

Pick a range once — it applies to the ZW-FUT/BIT ratio line, the OHLC candles and the Wheat Futures / Bitumen price chart below.

ZW-FUT/BIT ratio line

How many kg of Bitumen one kg of Wheat Futures buys, over 1Y.

The chart and range statistics need a daily CNY to US dollar rate to put both legs on one currency across the year. That rate is unavailable right now, so only the live ratio is published — an old price converted at today's rate would draw currency moves as commodity moves.

ZW-FUT/BIT ratio candles

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

The chart and range statistics need a daily CNY to US dollar rate to put both legs on one currency across the year. That rate is unavailable right now, so only the live ratio is published — an old price converted at today's rate would draw currency moves as commodity moves.

Wheat Futures and Bitumen prices

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

The chart and range statistics need a daily CNY to US dollar rate to put both legs on one currency across the year. That rate is unavailable right now, so only the live ratio is published — an old price converted at today's rate would draw currency moves as commodity moves.

How to calculate the wheat futures to bitumen ratio

Wheat Futures to Bitumen ratio = Wheat Futures price in USD per kilogram ÷ Bitumen price in USD per kilogram

Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number.

Bitumen is quoted in CNY, so that leg is converted to US dollars at the live mid-market rate before dividing; wheat futures is quoted per ounce and bitumen per metric ton, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.

Worked example, live prices: $23,812.75 per kilogram ÷ $0.6971 per kilogram = 34159. The inverse is 0.00002927.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4184.34
2XAGSilver60.18
3WTIOIL-FUTCrude Oil WTI Futures92.30
4BRENTOIL-FUTCrude Oil Brent Futures104.75
5NG-FUTNatural Gas Futures3.16
6XPTPlatinum1691.61
7XPDPalladium1141.90

Frequently asked questions

What is the wheat futures to bitumen ratio today?

The wheat futures to bitumen ratio is 34159 — Wheat Futures at $23,812.75 per kilogram divided by Bitumen at $0.6971 per kilogram, from live mid-market prices. Both figures are US dollars per kilogram, converted at the live mid-market FX rate.

How do you calculate the wheat futures to bitumen ratio?

Divide the wheat futures price per kilogram by the bitumen price per kilogram. Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number.

What is the inverse of the wheat futures to bitumen ratio?

The inverse, bitumen to wheat futures, is 0.00002927 — how many kilograms of wheat futures one kilogram of bitumen buys.

Wheat Futures to Bitumen Ratio — 34159 Today | CommodityPriceAPI