Commodity ratio · live
Wheat Futures to Tellurium Ratio
The wheat futures to tellurium ratio is 31822 — Wheat Futures at $25,409.95 per kilogram divided by Tellurium at $0.7985 per kilogram.
Wheat futures is quoted per ounce and tellurium 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, 9:15 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Tellurium ratio
1.000 kg of wheat futures = 31,822.1 kg of tellurium
Inverse (TEL/ZW-FUT): 0.00003142 — one kilogram of tellurium buys that much wheat futures.
Near the top of its 1 year range — historically stretched. (94th percentile of the last 1 year)
Wheat Futures
$25,409.95
per kilogram
Tellurium
$0.7985
per kilogram
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 09:15:31 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
Wheat futures is quoted per ounce and tellurium per metric ton, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
1Y average
27236
median 26990
1Y low
23773
Dec 17, 2025
1Y high
34515
Aug 28, 2026
Normal band
24969–29504
mean ± 1 std dev
Deviation from mean
+2.02σ
161 observations
Wheat Futures to Tellurium ratio charts
Pick a range once — it applies to the ZW-FUT/TEL ratio line, the OHLC candles and the Wheat Futures / Tellurium price chart below.
ZW-FUT/TEL ratio line
How many kg of Tellurium one kg of Wheat Futures buys, over 1Y.
ZW-FUT/TEL ratio candles
Open, high, low and close of the ZW-FUT/TEL ratio for each period in the last 1Y.
Wheat Futures and Tellurium 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 tellurium ratio
Wheat Futures to Tellurium ratio = Wheat Futures price in USD per kilogram ÷ Tellurium 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.
Wheat futures is quoted per ounce and tellurium 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: $25,409.95 per kilogram ÷ $0.7985 per kilogram = 31822. The inverse is 0.00003142.
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 | 4328.71 |
| 2 | XAG | Silver | 65.58 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 89.77 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 98.04 |
| 5 | NG-FUT | Natural Gas Futures | 2.83 |
| 6 | PL | Platinum | 1794.85 |
| 7 | PA | Palladium | 1299.20 |
Frequently asked questions
What is the wheat futures to tellurium ratio today?
The wheat futures to tellurium ratio is 31822 — Wheat Futures at $25,409.95 per kilogram divided by Tellurium at $0.7985 per kilogram, from live mid-market prices. Both figures are US dollars per kilogram.
How do you calculate the wheat futures to tellurium ratio?
Divide the wheat futures price per kilogram by the tellurium 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 tellurium ratio?
The inverse, tellurium to wheat futures, is 0.00003142 — how many kilograms of wheat futures one kilogram of tellurium buys.