Commodity ratio · live
Wheat Futures to Polyethylene Ratio
The wheat futures to polyethylene ratio is 0.08312 — Wheat Futures at $712.14 per Ounce divided by Polyethylene at $8,568.00 per Metric Ton.
Prices as of Sep 15, 2026, 12:06 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Polyethylene ratio
1.000 Oz of wheat futures = 0.08312 T of polyethylene
Inverse (POL/ZW-FUT): 12.03 — one Metric Ton of polyethylene buys that much wheat futures.
Above its 1 year average. (79th percentile of the last 1 year)
Wheat Futures
$712.14
per Ounce
Polyethylene
¥8,568.00
per Metric Ton
Unit basis: USD per Ounce ÷ CNY per Metric Ton. The ratio reads as Metric Tons of polyethylene per Ounce of wheat futures. Prices as of Tue, 15 Sep 2026 12:06:45 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.07863
median 0.07868
1Y low
0.06274
Apr 6, 2026
1Y high
0.1009
Aug 28, 2026
Normal band
0.07244–0.08482
mean ± 1 std dev
Deviation from mean
+0.72σ
159 observations
Wheat Futures to Polyethylene ratio charts
Pick a range once — it applies to the ZW-FUT/POL ratio line, the OHLC candles and the Wheat Futures / Polyethylene price chart below.
ZW-FUT/POL ratio line
How many T of Polyethylene one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/POL ratio candles
Open, high, low and close of the ZW-FUT/POL ratio for each period in the last 1Y.
Wheat Futures and Polyethylene 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 polyethylene ratio
Wheat Futures to Polyethylene ratio = Wheat Futures price per Ounce ÷ Polyethylene price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of polyethylene per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $712.14 ÷ ¥8,568.00 = 0.08312. The inverse is 12.03.
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 | 63.77 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 102.06 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 105.65 |
| 5 | NG-FUT | Natural Gas Futures | 2.89 |
| 6 | PL | Platinum | 1775.01 |
| 7 | PA | Palladium | 1299.20 |
Frequently asked questions
What is the wheat futures to polyethylene ratio today?
The wheat futures to polyethylene ratio is 0.08312 — Wheat Futures at $712.14 per Ounce divided by Polyethylene at ¥8,568.00 per Metric Ton, from live mid-market prices.
How do you calculate the wheat futures to polyethylene ratio?
Divide the wheat futures price per Ounce by the polyethylene 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 polyethylene per Ounce of wheat futures.
What is the inverse of the wheat futures to polyethylene ratio?
The inverse, polyethylene to wheat futures, is 12.03 — how many Ounces of wheat futures one Metric Ton of polyethylene buys.