Commodity ratio · live
Iron Ore to Copper Futures Ratio
The iron ore to copper futures ratio is 15.39 — Iron Ore at $101.60 per Metric Ton divided by Copper Futures at $6.60 per Pound.
Prices as of Aug 24, 2026, 12:25 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore to Copper Futures ratio
1.000 T of iron ore = 15.394 Lb of copper futures
Inverse (HG-FUT/IORECR): 0.06496 — one Pound of copper futures buys that much iron ore.
Iron Ore
$101.60
per Metric Ton
Copper Futures
$6.60
per Pound
Unit basis: USD per Metric Ton ÷ USD per Pound. The ratio reads as Pounds of copper futures per Metric Ton of iron ore. Prices as of Mon, 24 Aug 2026 12:25:35 GMT.
Iron Ore to Copper Futures ratio charts
Pick a range once — it applies to the IORECR/HG-FUT ratio line, the OHLC candles and the Iron Ore / Copper Futures price chart below.
IORECR/HG-FUT ratio line
How many Lb of Copper Futures one T of Iron Ore buys, over 1Y.
No overlapping history for IORECR/HG-FUT over 1Y. Try a longer range.
IORECR/HG-FUT ratio candles
Open, high, low and close of the IORECR/HG-FUT ratio for each period in the last 1Y.
No overlapping history for IORECR/HG-FUT over 1Y. Try a longer range.
Iron Ore and Copper 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 copper futures ratio
Iron Ore to Copper Futures ratio = Iron Ore price per Metric Ton ÷ Copper Futures price per Pound
The two legs use different units, so the result is a rate — Pounds of copper futures per Metric Ton of iron ore — rather than a plain count.
Worked example, live prices: $101.60 ÷ $6.60 = 15.39. The inverse is 0.06496.
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 iron ore to copper futures ratio today?
The iron ore to copper futures ratio is 15.39 — Iron Ore at $101.60 per Metric Ton divided by Copper Futures at $6.60 per Pound, from live mid-market prices.
How do you calculate the iron ore to copper futures ratio?
Divide the iron ore price per Metric Ton by the copper futures price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of copper futures per Metric Ton of iron ore.
What is the inverse of the iron ore to copper futures ratio?
The inverse, copper futures to iron ore, is 0.06496 — how many Metric Tons of iron ore one Pound of copper futures buys.