Commodity ratio · live

Iron Ore to Aluminium Futures Ratio

The iron ore to aluminium futures ratio is 0.03137 Iron Ore at $101.60 per Metric Ton divided by Aluminium Futures at $3,238.25 per Metric Ton.

Prices as of Aug 24, 2026, 11:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Iron Ore to Aluminium Futures ratio

0.03137

1.000 T of iron ore = 0.03137 T of aluminium futures

Inverse (AL-FUT/IORECR): 31.87 — one Metric Ton of aluminium futures buys that much iron ore.

Iron Ore

$101.60

per Metric Ton

Aluminium Futures

$3,238.25

per Metric Ton

Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of aluminium futures per Metric Ton of iron ore. Prices as of Mon, 24 Aug 2026 11:35:52 GMT.

Iron Ore to Aluminium Futures ratio charts

Pick a range once — it applies to the IORECR/AL-FUT ratio line, the OHLC candles and the Iron Ore / Aluminium Futures price chart below.

One of these commodities only updates monthly, so short ranges are unavailable.

IORECR/AL-FUT ratio line

How many T of Aluminium Futures one T of Iron Ore buys, over 1Y.

No overlapping history for IORECR/AL-FUT over 1Y. Try a longer range.

IORECR/AL-FUT ratio candles

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

No overlapping history for IORECR/AL-FUT over 1Y. Try a longer range.

Iron Ore and Aluminium Futures prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the iron ore to aluminium futures ratio

Iron Ore to Aluminium Futures ratio = Iron Ore price per Metric Ton ÷ Aluminium Futures price per Metric Ton

Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.

Worked example, live prices: $101.60 ÷ $3,238.25 = 0.03137. The inverse is 31.87.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the iron ore to aluminium futures ratio today?

The iron ore to aluminium futures ratio is 0.03137 — Iron Ore at $101.60 per Metric Ton divided by Aluminium Futures at $3,238.25 per Metric Ton, from live mid-market prices.

How do you calculate the iron ore to aluminium futures ratio?

Divide the iron ore price per Metric Ton by the aluminium futures 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 aluminium futures per Metric Ton of iron ore.

What is the inverse of the iron ore to aluminium futures ratio?

The inverse, aluminium futures to iron ore, is 31.87 — how many Metric Tons of iron ore one Metric Ton of aluminium futures buys.

Iron Ore to Aluminium Futures Ratio — 0.03137 Today | CommodityPriceAPI