Commodity ratio · live

Soybean Oil to Natural Gas Futures Ratio

The soybean oil to natural gas futures ratio is 0.2404 Soybean Oil at $0.6779 per Pound divided by Natural Gas Futures at $2.82 per Million British Thermal Units.

Prices as of Aug 24, 2026, 12:21 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Pound

Soybean Oil to Natural Gas Futures ratio

0.2404+36.54% / 1Y

1.000 Lb of soybean oil = 0.2404 MMBtu of natural gas futures

Inverse (NG-FUT/ZL): 4.160 — one Million British Thermal Units of natural gas futures buys that much soybean oil.

Above its 1 year average. (73th percentile of the last 1 year)

Soybean Oil

¢0.6779

per Pound

Natural Gas Futures

$2.82

per Million British Thermal Units

Unit basis: US Cent per Pound ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas futures per Pound of soybean oil. Prices as of Mon, 24 Aug 2026 12:21:34 GMT.

1Y average

0.1916

median 0.2035

1Y low

0.09415

Dec 5, 2025

1Y high

0.2865

Apr 24, 2026

Normal band

0.1390–0.2442

mean ± 1 std dev

Deviation from mean

+0.93σ

247 observations

Soybean Oil to Natural Gas Futures ratio charts

Pick a range once — it applies to the ZL/NG-FUT ratio line, the OHLC candles and the Soybean Oil / Natural Gas Futures price chart below.

ZL/NG-FUT ratio line

How many MMBtu of Natural Gas Futures one Lb of Soybean Oil buys, over 1Y.

ZL/NG-FUT ratio candles

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

Soybean Oil and Natural Gas Futures 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 natural gas futures ratio

Soybean Oil to Natural Gas Futures ratio = Soybean Oil price per Pound ÷ Natural Gas Futures price per Million British Thermal Units

The two legs use different units, so the result is a rate — Million British Thermal Unitss of natural gas futures per Pound of soybean oil — rather than a plain count.

Worked example, live prices: $0.6779 ÷ $2.82 = 0.2404. The inverse is 4.160.

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 soybean oil to natural gas futures ratio today?

The soybean oil to natural gas futures ratio is 0.2404 — Soybean Oil at $0.6779 per Pound divided by Natural Gas Futures at $2.82 per Million British Thermal Units, from live mid-market prices.

How do you calculate the soybean oil to natural gas futures ratio?

Divide the soybean oil price per Pound by the natural gas futures price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas futures per Pound of soybean oil.

What is the inverse of the soybean oil to natural gas futures ratio?

The inverse, natural gas futures to soybean oil, is 4.160 — how many Pounds of soybean oil one Million British Thermal Units of natural gas futures buys.

Soybean Oil to Natural Gas Futures Ratio — 0.2404 Today | CommodityPriceAPI