Commodity ratio · live

Zinc to Nickel Futures Ratio

The zinc to nickel futures ratio is 0.2255 Zinc at $3,848.35 per Metric Ton divided by Nickel Futures at $17,065.88 per Metric Ton.

Prices as of Aug 24, 2026, 12:25 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Zinc to Nickel Futures ratio

0.2255+23.31% / 1Y

1.000 T of zinc = 0.2255 T of nickel futures

Inverse (NICKEL-FUT/ZINC): 4.435 — one Metric Ton of nickel futures buys that much zinc.

Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)

Zinc

$3,848.35

per Metric Ton

Nickel Futures

$17,065.88

per Metric Ton

Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Metric Ton of zinc. Prices as of Mon, 24 Aug 2026 12:25:02 GMT.

1Y average

0.1961

median 0.1936

1Y low

0.1684

Jan 7, 2026

1Y high

0.2274

Aug 22, 2026

Normal band

0.1840–0.2083

mean ± 1 std dev

Deviation from mean

+2.41σ

362 observations

Zinc to Nickel Futures ratio charts

Pick a range once — it applies to the ZINC/NICKEL-FUT ratio line, the OHLC candles and the Zinc / Nickel Futures price chart below.

ZINC/NICKEL-FUT ratio line

How many T of Nickel Futures one T of Zinc buys, over 1Y.

ZINC/NICKEL-FUT ratio candles

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

Zinc and Nickel Futures prices

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

How to calculate the zinc to nickel futures ratio

Zinc to Nickel Futures ratio = Zinc price per Metric Ton ÷ Nickel Futures price per Metric Ton

Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.

Worked example, live prices: $3,848.35 ÷ $17,065.88 = 0.2255. The inverse is 4.435.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the zinc to nickel futures ratio today?

The zinc to nickel futures ratio is 0.2255 — Zinc at $3,848.35 per Metric Ton divided by Nickel Futures at $17,065.88 per Metric Ton, from live mid-market prices.

How do you calculate the zinc to nickel futures ratio?

Divide the zinc price per Metric Ton by the nickel futures 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 nickel futures per Metric Ton of zinc.

What is the inverse of the zinc to nickel futures ratio?

The inverse, nickel futures to zinc, is 4.435 — how many Metric Tons of zinc one Metric Ton of nickel futures buys.

Zinc to Nickel Futures Ratio — 0.2255 Today | CommodityPriceAPI