Commodity ratio · live
Soybean Oil to Hot-Rolled Coil Steel Ratio
The soybean oil to hot-rolled coil steel ratio is 0.0005680 — Soybean Oil at $0.6799 per Pound divided by Hot-Rolled Coil Steel at $1,197.06 per Metric Ton.
Prices as of Aug 24, 2026, 10:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Soybean Oil to Hot-Rolled Coil Steel ratio
1.000 Lb of soybean oil = 0.0005680 T of hot-rolled coil steel
Inverse (HRC-STEEL/ZL): 1761 — one Metric Ton of hot-rolled coil steel buys that much soybean oil.
Below its 1 year average. (25th percentile of the last 1 year)
Soybean Oil
¢0.6799
per Pound
Hot-Rolled Coil Steel
$1,197.06
per Metric Ton
Unit basis: US Cent per Pound ÷ USD per Metric Ton. The ratio reads as Metric Tons of hot-rolled coil steel per Pound of soybean oil. Prices as of Mon, 24 Aug 2026 10:35:26 GMT.
1Y average
0.0006011
median 0.0006032
1Y low
0.0005136
Jan 2, 2026
1Y high
0.0006860
May 4, 2026
Normal band
0.0005648–0.0006374
mean ± 1 std dev
Deviation from mean
-0.91σ
251 observations
Soybean Oil to Hot-Rolled Coil Steel ratio charts
Pick a range once — it applies to the ZL/HRC-STEEL ratio line, the OHLC candles and the Soybean Oil / Hot-Rolled Coil Steel price chart below.
ZL/HRC-STEEL ratio line
How many T of Hot-Rolled Coil Steel one Lb of Soybean Oil buys, over 1Y.
ZL/HRC-STEEL ratio candles
Open, high, low and close of the ZL/HRC-STEEL ratio for each period in the last 1Y.
Soybean Oil and Hot-Rolled Coil Steel prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the soybean oil to hot-rolled coil steel ratio
Soybean Oil to Hot-Rolled Coil Steel ratio = Soybean Oil price per Pound ÷ Hot-Rolled Coil Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of hot-rolled coil steel per Pound of soybean oil — rather than a plain count.
Worked example, live prices: $0.6799 ÷ $1,197.06 = 0.0005680. The inverse is 1761.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the soybean oil to hot-rolled coil steel ratio today?
The soybean oil to hot-rolled coil steel ratio is 0.0005680 — Soybean Oil at $0.6799 per Pound divided by Hot-Rolled Coil Steel at $1,197.06 per Metric Ton, from live mid-market prices.
How do you calculate the soybean oil to hot-rolled coil steel ratio?
Divide the soybean oil price per Pound by the hot-rolled coil steel 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 hot-rolled coil steel per Pound of soybean oil.
What is the inverse of the soybean oil to hot-rolled coil steel ratio?
The inverse, hot-rolled coil steel to soybean oil, is 1761 — how many Pounds of soybean oil one Metric Ton of hot-rolled coil steel buys.