Commodity ratio · live
Wheat Futures to Naphtha Ratio
The wheat futures to naphtha ratio is 0.9167 — Wheat Futures at $694.15 per Ounce divided by Naphtha at $757.20 per Metric Ton.
Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Naphtha ratio
1.000 Oz of wheat futures = 0.9167 T of naphtha
Inverse (NAPHTHA/ZW-FUT): 1.091 — one Metric Ton of naphtha buys that much wheat futures.
Close to the middle of its 1 year range. (48th percentile of the last 1 year)
Wheat Futures
$694.15
per Ounce
Naphtha
$757.20
per Metric Ton
Unit basis: USD per Ounce ÷ USD per Metric Ton. The ratio reads as Metric Tons of naphtha per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 12:24:56 GMT.
1Y average
0.8874
median 0.9250
1Y low
0.5732
Apr 7, 2026
1Y high
1.062
Jan 7, 2026
Normal band
0.7644–1.010
mean ± 1 std dev
Deviation from mean
+0.24σ
325 observations
Wheat Futures to Naphtha ratio charts
Pick a range once — it applies to the ZW-FUT/NAPHTHA ratio line, the OHLC candles and the Wheat Futures / Naphtha price chart below.
ZW-FUT/NAPHTHA ratio line
How many T of Naphtha one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/NAPHTHA ratio candles
Open, high, low and close of the ZW-FUT/NAPHTHA ratio for each period in the last 1Y.
Wheat Futures and Naphtha 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 naphtha ratio
Wheat Futures to Naphtha ratio = Wheat Futures price per Ounce ÷ Naphtha price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of naphtha per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $694.15 ÷ $757.20 = 0.9167. The inverse is 1.091.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the wheat futures to naphtha ratio today?
The wheat futures to naphtha ratio is 0.9167 — Wheat Futures at $694.15 per Ounce divided by Naphtha at $757.20 per Metric Ton, from live mid-market prices.
How do you calculate the wheat futures to naphtha ratio?
Divide the wheat futures price per Ounce by the naphtha 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 naphtha per Ounce of wheat futures.
What is the inverse of the wheat futures to naphtha ratio?
The inverse, naphtha to wheat futures, is 1.091 — how many Ounces of wheat futures one Metric Ton of naphtha buys.