Commodity ratio · live
Wheat Futures to Palm Oil Ratio
The wheat futures to palm oil ratio is 21455 — Wheat Futures at $25,556.34 per kilogram divided by Palm Oil at $1.19 per kilogram.
Palm oil is quoted in MYR, so that leg is converted to US dollars at the live mid-market rate before dividing; wheat futures is quoted per ounce and palm oil 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 Sep 22, 2026, 7:23 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Palm Oil ratio
1.000 kg of wheat futures = 21,454.8 kg of palm oil
Inverse (PO/ZW-FUT): 0.00004661 — one kilogram of palm oil buys that much wheat futures.
Wheat Futures
$25,556.34
per kilogram
Palm Oil
$1.19
per kilogram
quoted MYR 4,857.00 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, 22 Sep 2026 07:23:23 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
Palm oil is quoted in MYR, so that leg is converted to US dollars at the live mid-market rate before dividing; wheat futures is quoted per ounce and palm oil 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 MYR 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 Palm Oil ratio charts
Pick a range once — it applies to the ZW-FUT/PO ratio line, the OHLC candles and the Wheat Futures / Palm Oil price chart below.
ZW-FUT/PO ratio line
How many kg of Palm Oil one kg of Wheat Futures buys, over 1Y.
The chart and range statistics need a daily MYR 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/PO ratio candles
Open, high, low and close of the ZW-FUT/PO ratio for each period in the last 1Y.
The chart and range statistics need a daily MYR 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 Palm Oil 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 MYR 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 palm oil ratio
Wheat Futures to Palm Oil ratio = Wheat Futures price in USD per kilogram ÷ Palm Oil 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.
Palm oil is quoted in MYR, so that leg is converted to US dollars at the live mid-market rate before dividing; wheat futures is quoted per ounce and palm oil 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: $25,556.34 per kilogram ÷ $1.19 per kilogram = 21455. The inverse is 0.00004661.
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 | 4297.52 |
| 2 | XAG | Silver | 64.71 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 92.60 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 101.23 |
| 5 | NG-FUT | Natural Gas Futures | 2.84 |
| 6 | PL | Platinum | 1778.60 |
| 7 | PA | Palladium | 1287.50 |
Frequently asked questions
What is the wheat futures to palm oil ratio today?
The wheat futures to palm oil ratio is 21455 — Wheat Futures at $25,556.34 per kilogram divided by Palm Oil at $1.19 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 palm oil ratio?
Divide the wheat futures price per kilogram by the palm oil 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 palm oil ratio?
The inverse, palm oil to wheat futures, is 0.00004661 — how many kilograms of wheat futures one kilogram of palm oil buys.