Commodity ratio · live

Wheat Futures to Kraft Pulp Ratio

The wheat futures to kraft pulp ratio is 0.1420 Wheat Futures at $693.64 per Ounce divided by Kraft Pulp at $4,884.00 per Metric Ton.

Prices as of Aug 24, 2026, 10:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Ounce

Wheat Futures to Kraft Pulp ratio

0.1420+36.16% / 1Y

1.000 Oz of wheat futures = 0.1420 T of kraft pulp

Inverse (K-PULP/ZW-FUT): 7.041 — one Metric Ton of kraft pulp buys that much wheat futures.

Near the top of its 1 year range — historically stretched. (96th percentile of the last 1 year)

Wheat Futures

$693.64

per Ounce

Kraft Pulp

$4,884.00

per Metric Ton

Unit basis: USD per Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of kraft pulp per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 10:34:58 GMT.

1Y average

0.1158

median 0.1144

1Y low

0.09158

Jan 2, 2026

1Y high

0.1474

Jul 22, 2026

Normal band

0.1023–0.1293

mean ± 1 std dev

Deviation from mean

+1.94σ

315 observations

Wheat Futures to Kraft Pulp ratio charts

Pick a range once — it applies to the ZW-FUT/K-PULP ratio line, the OHLC candles and the Wheat Futures / Kraft Pulp price chart below.

ZW-FUT/K-PULP ratio line

How many T of Kraft Pulp one Oz of Wheat Futures buys, over 1Y.

ZW-FUT/K-PULP ratio candles

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

Wheat Futures and Kraft Pulp 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 kraft pulp ratio

Wheat Futures to Kraft Pulp ratio = Wheat Futures price per Ounce ÷ Kraft Pulp price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of kraft pulp per Ounce of wheat futures — rather than a plain count.

Worked example, live prices: $693.64 ÷ $4,884.00 = 0.1420. The inverse is 7.041.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the wheat futures to kraft pulp ratio today?

The wheat futures to kraft pulp ratio is 0.1420 — Wheat Futures at $693.64 per Ounce divided by Kraft Pulp at $4,884.00 per Metric Ton, from live mid-market prices.

How do you calculate the wheat futures to kraft pulp ratio?

Divide the wheat futures price per Ounce by the kraft pulp 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 kraft pulp per Ounce of wheat futures.

What is the inverse of the wheat futures to kraft pulp ratio?

The inverse, kraft pulp to wheat futures, is 7.041 — how many Ounces of wheat futures one Metric Ton of kraft pulp buys.

Wheat Futures to Kraft Pulp Ratio — 0.1420 Today | CommodityPriceAPI