Commodity ratio · live

Wheat Futures to Tea Ratio

The wheat futures to tea ratio is 3.350 Wheat Futures at $694.40 per Ounce divided by Tea at $207.29 per Kilogram.

Prices as of Aug 24, 2026, 12:20 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Ounce

Wheat Futures to Tea ratio

3.350+21.86% / 1Y

1.000 Oz of wheat futures = 3.350 Kg of tea

Inverse (TEA/ZW-FUT): 0.2985 — one Kilogram of tea buys that much wheat futures.

Above its 1 year average. (81th percentile of the last 1 year)

Wheat Futures

$694.40

per Ounce

Tea

₹207.29

per Kilogram

Unit basis: USD per Ounce ÷ INR per Kilogram. The ratio reads as Kilograms of tea per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 12:20:18 GMT.

These two commodities are quoted in different currencies (USD and INR). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

3.050

median 2.867

1Y low

2.485

Jun 29, 2026

1Y high

4.355

Oct 5, 2025

Normal band

2.620–3.479

mean ± 1 std dev

Deviation from mean

+0.70σ

289 observations

Wheat Futures to Tea ratio charts

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

ZW-FUT/TEA ratio line

How many Kg of Tea one Oz of Wheat Futures buys, over 1Y.

ZW-FUT/TEA ratio candles

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

Wheat Futures and Tea 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 tea ratio

Wheat Futures to Tea ratio = Wheat Futures price per Ounce ÷ Tea price per Kilogram

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

Worked example, live prices: $694.40 ÷ $207.29 = 3.350. The inverse is 0.2985.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the wheat futures to tea ratio today?

The wheat futures to tea ratio is 3.350 — Wheat Futures at $694.40 per Ounce divided by Tea at $207.29 per Kilogram, from live mid-market prices.

How do you calculate the wheat futures to tea ratio?

Divide the wheat futures price per Ounce by the tea price per Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as Kilograms of tea per Ounce of wheat futures.

What is the inverse of the wheat futures to tea ratio?

The inverse, tea to wheat futures, is 0.2985 — how many Ounces of wheat futures one Kilogram of tea buys.

Wheat Futures to Tea Ratio — 3.350 Today | CommodityPriceAPI