Commodity ratio · live
Wheat Futures to Polypropylene Ratio
The wheat futures to polypropylene ratio is 0.08526 — Wheat Futures at $694.15 per Ounce divided by Polypropylene at $8,142.00 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 Polypropylene ratio
1.000 Oz of wheat futures = 0.08526 T of polypropylene
Inverse (PYL/ZW-FUT): 11.73 — one Metric Ton of polypropylene buys that much wheat futures.
Near the top of its 1 year range — historically stretched. (96th percentile of the last 1 year)
Wheat Futures
$694.15
per Ounce
Polypropylene
¥8,142.00
per Metric Ton
Unit basis: USD per Ounce ÷ CNY per Metric Ton. The ratio reads as Metric Tons of polypropylene per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 12:24:22 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
0.07711
median 0.07870
1Y low
0.05914
Apr 7, 2026
1Y high
0.09070
Feb 28, 2026
Normal band
0.07090–0.08333
mean ± 1 std dev
Deviation from mean
+1.31σ
307 observations
Wheat Futures to Polypropylene ratio charts
Pick a range once — it applies to the ZW-FUT/PYL ratio line, the OHLC candles and the Wheat Futures / Polypropylene price chart below.
ZW-FUT/PYL ratio line
How many T of Polypropylene one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/PYL ratio candles
Open, high, low and close of the ZW-FUT/PYL ratio for each period in the last 1Y.
Wheat Futures and Polypropylene 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 polypropylene ratio
Wheat Futures to Polypropylene ratio = Wheat Futures price per Ounce ÷ Polypropylene price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of polypropylene per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $694.15 ÷ $8,142.00 = 0.08526. The inverse is 11.73.
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 polypropylene ratio today?
The wheat futures to polypropylene ratio is 0.08526 — Wheat Futures at $694.15 per Ounce divided by Polypropylene at $8,142.00 per Metric Ton, from live mid-market prices.
How do you calculate the wheat futures to polypropylene ratio?
Divide the wheat futures price per Ounce by the polypropylene 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 polypropylene per Ounce of wheat futures.
What is the inverse of the wheat futures to polypropylene ratio?
The inverse, polypropylene to wheat futures, is 11.73 — how many Ounces of wheat futures one Metric Ton of polypropylene buys.