Commodity ratio · live
Wheat Futures to Bitumen Ratio
The wheat futures to bitumen ratio is 0.1526 — Wheat Futures at $693.39 per Ounce divided by Bitumen at $4,544.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Bitumen ratio
1.000 Oz of wheat futures = 0.1526 T of bitumen
Inverse (BIT/ZW-FUT): 6.553 — one Metric Ton of bitumen buys that much wheat futures.
Close to the middle of its 1 year range. (38th percentile of the last 1 year)
Wheat Futures
$693.39
per Ounce
Bitumen
¥4,544.00
per Metric Ton
Unit basis: USD per Ounce ÷ CNY per Metric Ton. The ratio reads as Metric Tons of bitumen per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 10:32:06 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.1561
median 0.1562
1Y low
0.1264
Jun 10, 2026
1Y high
0.1862
Dec 2, 2025
Normal band
0.1429–0.1694
mean ± 1 std dev
Deviation from mean
-0.27σ
302 observations
Wheat Futures to Bitumen ratio charts
Pick a range once — it applies to the ZW-FUT/BIT ratio line, the OHLC candles and the Wheat Futures / Bitumen price chart below.
ZW-FUT/BIT ratio line
How many T of Bitumen one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/BIT ratio candles
Open, high, low and close of the ZW-FUT/BIT ratio for each period in the last 1Y.
Wheat Futures and Bitumen 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 bitumen ratio
Wheat Futures to Bitumen ratio = Wheat Futures price per Ounce ÷ Bitumen price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of bitumen per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $693.39 ÷ $4,544.00 = 0.1526. The inverse is 6.553.
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 bitumen ratio today?
The wheat futures to bitumen ratio is 0.1526 — Wheat Futures at $693.39 per Ounce divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.
How do you calculate the wheat futures to bitumen ratio?
Divide the wheat futures price per Ounce by the bitumen 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 bitumen per Ounce of wheat futures.
What is the inverse of the wheat futures to bitumen ratio?
The inverse, bitumen to wheat futures, is 6.553 — how many Ounces of wheat futures one Metric Ton of bitumen buys.