Commodity ratio · live
Butter to Iron Ore Ratio
The butter to iron ore ratio is 42.81 — Butter at $4,350.00 per Metric Ton divided by Iron Ore at $101.60 per Metric Ton.
Prices as of Aug 24, 2026, 11:26 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Butter to Iron Ore ratio
1.000 T of butter = 42.815 T of iron ore
Inverse (IORECR/BUTTER): 0.02336 — one Metric Ton of iron ore buys that much butter.
Butter
€4,350.00
per Metric Ton
Iron Ore
$101.60
per Metric Ton
Unit basis: EUR per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore per Metric Ton of butter. Prices as of Mon, 24 Aug 2026 11:26:58 GMT.
These two commodities are quoted in different currencies (EUR and USD). The figure above is a raw quote ratio and is not FX-adjusted.
Butter to Iron Ore ratio charts
Pick a range once — it applies to the BUTTER/IORECR ratio line, the OHLC candles and the Butter / Iron Ore price chart below.
BUTTER/IORECR ratio line
How many T of Iron Ore one T of Butter buys, over 1Y.
No overlapping history for BUTTER/IORECR over 1Y. Try a longer range.
BUTTER/IORECR ratio candles
Open, high, low and close of the BUTTER/IORECR ratio for each period in the last 1Y.
No overlapping history for BUTTER/IORECR over 1Y. Try a longer range.
Butter and Iron Ore prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the butter to iron ore ratio
Butter to Iron Ore ratio = Butter price per Metric Ton ÷ Iron Ore price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of iron ore per Metric Ton of butter — rather than a plain count.
Worked example, live prices: $4,350.00 ÷ $101.60 = 42.81. The inverse is 0.02336.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the butter to iron ore ratio today?
The butter to iron ore ratio is 42.81 — Butter at $4,350.00 per Metric Ton divided by Iron Ore at $101.60 per Metric Ton, from live mid-market prices.
How do you calculate the butter to iron ore ratio?
Divide the butter price per Metric Ton by the iron ore 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 iron ore per Metric Ton of butter.
What is the inverse of the butter to iron ore ratio?
The inverse, iron ore to butter, is 0.02336 — how many Metric Tons of butter one Metric Ton of iron ore buys.