Commodity ratio · live
Soybean Oil to Nickel Futures Ratio
The soybean oil to nickel futures ratio is 0.00003998 — Soybean Oil at $0.6799 per Pound divided by Nickel Futures at $17,004.63 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 Nickel Futures ratio
1.000 Lb of soybean oil = 0.00003998 T of nickel futures
Inverse (NICKEL-FUT/ZL): 25010 — one Metric Ton of nickel futures buys that much soybean oil.
Above its 1 year average. (82th percentile of the last 1 year)
Soybean Oil
¢0.6799
per Pound
Nickel Futures
$17,004.63
per Metric Ton
Unit basis: US Cent per Pound ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Pound of soybean oil. Prices as of Mon, 24 Aug 2026 10:35:16 GMT.
1Y average
0.00003607
median 0.00003550
1Y low
0.00002624
Jan 7, 2026
1Y high
0.00004362
Jul 17, 2026
Normal band
0.00003236–0.00003978
mean ± 1 std dev
Deviation from mean
+1.05σ
251 observations
Soybean Oil to Nickel Futures ratio charts
Pick a range once — it applies to the ZL/NICKEL-FUT ratio line, the OHLC candles and the Soybean Oil / Nickel Futures price chart below.
ZL/NICKEL-FUT ratio line
How many T of Nickel Futures one Lb of Soybean Oil buys, over 1Y.
ZL/NICKEL-FUT ratio candles
Open, high, low and close of the ZL/NICKEL-FUT ratio for each period in the last 1Y.
Soybean Oil 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 soybean oil to nickel futures ratio
Soybean Oil to Nickel Futures ratio = Soybean Oil price per Pound ÷ Nickel Futures price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of nickel futures per Pound of soybean oil — rather than a plain count.
Worked example, live prices: $0.6799 ÷ $17,004.63 = 0.00003998. The inverse is 25010.
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 nickel futures ratio today?
The soybean oil to nickel futures ratio is 0.00003998 — Soybean Oil at $0.6799 per Pound divided by Nickel Futures at $17,004.63 per Metric Ton, from live mid-market prices.
How do you calculate the soybean oil to nickel futures ratio?
Divide the soybean oil price per Pound 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 Pound of soybean oil.
What is the inverse of the soybean oil to nickel futures ratio?
The inverse, nickel futures to soybean oil, is 25010 — how many Pounds of soybean oil one Metric Ton of nickel futures buys.