Commodity ratio · live
Copper Futures to Iron Ore Ratio
The copper futures to iron ore ratio is 0.06496 — Copper Futures at $6.60 per Pound divided by Iron Ore at $101.60 per Metric Ton.
Prices as of Aug 24, 2026, 12:25 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Copper Futures to Iron Ore ratio
1.000 Lb of copper futures = 0.06496 T of iron ore
Inverse (IORECR/HG-FUT): 15.39 — one Metric Ton of iron ore buys that much copper futures.
Copper Futures
$6.60
per Pound
Iron Ore
$101.60
per Metric Ton
Unit basis: USD per Pound ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore per Pound of copper futures. Prices as of Mon, 24 Aug 2026 12:25:35 GMT.
Copper Futures to Iron Ore ratio charts
Pick a range once — it applies to the HG-FUT/IORECR ratio line, the OHLC candles and the Copper Futures / Iron Ore price chart below.
HG-FUT/IORECR ratio line
How many T of Iron Ore one Lb of Copper Futures buys, over 1Y.
No overlapping history for HG-FUT/IORECR over 1Y. Try a longer range.
HG-FUT/IORECR ratio candles
Open, high, low and close of the HG-FUT/IORECR ratio for each period in the last 1Y.
No overlapping history for HG-FUT/IORECR over 1Y. Try a longer range.
Copper Futures 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 copper futures to iron ore ratio
Copper Futures to Iron Ore ratio = Copper Futures price per Pound ÷ Iron Ore price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of iron ore per Pound of copper futures — rather than a plain count.
Worked example, live prices: $6.60 ÷ $101.60 = 0.06496. The inverse is 15.39.
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 copper futures to iron ore ratio today?
The copper futures to iron ore ratio is 0.06496 — Copper Futures at $6.60 per Pound divided by Iron Ore at $101.60 per Metric Ton, from live mid-market prices.
How do you calculate the copper futures to iron ore ratio?
Divide the copper futures price per Pound 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 Pound of copper futures.
What is the inverse of the copper futures to iron ore ratio?
The inverse, iron ore to copper futures, is 15.39 — how many Pounds of copper futures one Metric Ton of iron ore buys.