Commodity ratio · live

Wheat Futures to Naphtha Ratio

The wheat futures to naphtha ratio is 0.8511 Wheat Futures at $714.25 per Ounce divided by Naphtha at $839.25 per Metric Ton.

Prices as of Sep 20, 2026, 8:48 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Ounce
ZW-FUT · USD per Ounce
NAPHTHA · USD per Metric Ton

Wheat Futures to Naphtha ratio

0.8511-8.35% / 1Y

1.000 Oz of wheat futures = 0.8511 T of naphtha

Inverse (NAPHTHA/ZW-FUT): 1.175 — one Metric Ton of naphtha buys that much wheat futures.

Close to the middle of its 1 year range. (34th percentile of the last 1 year)

Wheat Futures

$714.25

per Ounce

Naphtha

$839.25

per Metric Ton

Unit basis: USD per Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of naphtha per Ounce of wheat futures. Prices as of Sun, 20 Sep 2026 20:48:29 GMT.

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

1Y average

0.8884

median 0.9256

1Y low

0.5732

Apr 7, 2026

1Y high

1.062

Jan 6, 2026

Normal band

0.7664–1.010

mean ± 1 std dev

Deviation from mean

-0.31σ

169 observations

Wheat Futures to Naphtha ratio charts

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

ZW-FUT/NAPHTHA ratio line

How many T of Naphtha one Oz of Wheat Futures buys, over 1Y.

ZW-FUT/NAPHTHA ratio candles

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

Wheat Futures and Naphtha prices

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

How to calculate the wheat futures to naphtha ratio

Wheat Futures to Naphtha ratio = Wheat Futures price per Ounce ÷ Naphtha price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of naphtha per Ounce of wheat futures — rather than a plain count.

Worked example, live prices: $714.25 ÷ $839.25 = 0.8511. The inverse is 1.175.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4378.35
2XAGSilver66.28
3WTIOIL-FUTCrude Oil WTI Futures100.30
4BRENTOIL-FUTCrude Oil Brent Futures103.87
5NG-FUTNatural Gas Futures2.91
6PLPlatinum1806.00
7PAPalladium1309.30

Frequently asked questions

What is the wheat futures to naphtha ratio today?

The wheat futures to naphtha ratio is 0.8511 — Wheat Futures at $714.25 per Ounce divided by Naphtha at $839.25 per Metric Ton, from live mid-market prices.

How do you calculate the wheat futures to naphtha ratio?

Divide the wheat futures price per Ounce by the naphtha 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 naphtha per Ounce of wheat futures.

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

The inverse, naphtha to wheat futures, is 1.175 — how many Ounces of wheat futures one Metric Ton of naphtha buys.