Commodity ratio · live

Zinc to Wheat Futures Ratio

The zinc to wheat futures ratio is 5.535 Zinc at $3,839.20 per Metric Ton divided by Wheat Futures at $693.65 per Ounce.

Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Zinc to Wheat Futures ratio

5.535+1.33% / 1Y

1.000 T of zinc = 5.535 Oz of wheat futures

Inverse (ZW-FUT/ZINC): 0.1807 — one Ounce of wheat futures buys that much zinc.

Below its 1 year average. (22th percentile of the last 1 year)

Zinc

$3,839.20

per Metric Ton

Wheat Futures

$693.65

per Ounce

Unit basis: USD per Metric Ton ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Metric Ton of zinc. Prices as of Mon, 24 Aug 2026 10:35:55 GMT.

1Y average

5.768

median 5.768

1Y low

5.021

Mar 20, 2026

1Y high

6.557

Jan 14, 2026

Normal band

5.456–6.079

mean ± 1 std dev

Deviation from mean

-0.75σ

327 observations

Zinc to Wheat Futures ratio charts

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

ZINC/ZW-FUT ratio line

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

ZINC/ZW-FUT ratio candles

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

Zinc and Wheat 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 wheat futures ratio

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

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

Worked example, live prices: $3,839.20 ÷ $693.65 = 5.535. The inverse is 0.1807.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the zinc to wheat futures ratio today?

The zinc to wheat futures ratio is 5.535 — Zinc at $3,839.20 per Metric Ton divided by Wheat Futures at $693.65 per Ounce, from live mid-market prices.

How do you calculate the zinc to wheat futures ratio?

Divide the zinc price per Metric Ton by the wheat futures price per Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Ounces of wheat futures per Metric Ton of zinc.

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

The inverse, wheat futures to zinc, is 0.1807 — how many Metric Tons of zinc one Ounce of wheat futures buys.

Zinc to Wheat Futures Ratio — 5.535 Today | CommodityPriceAPI