Commodity ratio · live
Wheat Futures to Aluminium Futures Ratio
The wheat futures to aluminium futures ratio is 0.2147 — Wheat Futures at $693.39 per Ounce divided by Aluminium Futures at $3,229.15 per Metric Ton.
Prices as of Aug 24, 2026, 10:38 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Aluminium Futures ratio
1.000 Oz of wheat futures = 0.2147 T of aluminium futures
Inverse (AL-FUT/ZW-FUT): 4.657 — one Metric Ton of aluminium futures buys that much wheat futures.
Near the top of its 1 year range — historically stretched. (98th percentile of the last 1 year)
Wheat Futures
$693.39
per Ounce
Aluminium Futures
$3,229.15
per Metric Ton
Unit basis: USD per Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of aluminium futures per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 10:38:02 GMT.
1Y average
0.1820
median 0.1808
1Y low
0.1550
Jun 2, 2026
1Y high
0.2246
Jul 22, 2026
Normal band
0.1687–0.1953
mean ± 1 std dev
Deviation from mean
+2.46σ
325 observations
Wheat Futures to Aluminium Futures ratio charts
Pick a range once — it applies to the ZW-FUT/AL-FUT ratio line, the OHLC candles and the Wheat Futures / Aluminium Futures price chart below.
ZW-FUT/AL-FUT ratio line
How many T of Aluminium Futures one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/AL-FUT ratio candles
Open, high, low and close of the ZW-FUT/AL-FUT ratio for each period in the last 1Y.
Wheat Futures and Aluminium Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the wheat futures to aluminium futures ratio
Wheat Futures to Aluminium Futures ratio = Wheat Futures price per Ounce ÷ Aluminium Futures price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of aluminium futures per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $693.39 ÷ $3,229.15 = 0.2147. The inverse is 4.657.
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 wheat futures to aluminium futures ratio today?
The wheat futures to aluminium futures ratio is 0.2147 — Wheat Futures at $693.39 per Ounce divided by Aluminium Futures at $3,229.15 per Metric Ton, from live mid-market prices.
How do you calculate the wheat futures to aluminium futures ratio?
Divide the wheat futures price per Ounce by the aluminium 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 aluminium futures per Ounce of wheat futures.
What is the inverse of the wheat futures to aluminium futures ratio?
The inverse, aluminium futures to wheat futures, is 4.657 — how many Ounces of wheat futures one Metric Ton of aluminium futures buys.