Commodity ratio · live
Iron Ore to Nickel Futures Ratio
The iron ore to nickel futures ratio is 0.005953 — Iron Ore at $101.60 per Metric Ton divided by Nickel Futures at $17,065.63 per Metric Ton.
Prices as of Aug 24, 2026, 12:26 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore to Nickel Futures ratio
1.000 T of iron ore = 0.005953 T of nickel futures
Inverse (NICKEL-FUT/IORECR): 168.0 — one Metric Ton of nickel futures buys that much iron ore.
Iron Ore
$101.60
per Metric Ton
Nickel Futures
$17,065.63
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Metric Ton of iron ore. Prices as of Mon, 24 Aug 2026 12:26:10 GMT.
Iron Ore to Nickel Futures ratio charts
Pick a range once — it applies to the IORECR/NICKEL-FUT ratio line, the OHLC candles and the Iron Ore / Nickel Futures price chart below.
IORECR/NICKEL-FUT ratio line
How many T of Nickel Futures one T of Iron Ore buys, over 1Y.
No overlapping history for IORECR/NICKEL-FUT over 1Y. Try a longer range.
IORECR/NICKEL-FUT ratio candles
Open, high, low and close of the IORECR/NICKEL-FUT ratio for each period in the last 1Y.
No overlapping history for IORECR/NICKEL-FUT over 1Y. Try a longer range.
Iron Ore and Nickel 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 nickel futures ratio
Iron Ore to Nickel Futures ratio = Iron Ore price per Metric Ton ÷ Nickel 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 ÷ $17,065.63 = 0.005953. The inverse is 168.0.
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 nickel futures ratio today?
The iron ore to nickel futures ratio is 0.005953 — Iron Ore at $101.60 per Metric Ton divided by Nickel Futures at $17,065.63 per Metric Ton, from live mid-market prices.
How do you calculate the iron ore to nickel futures ratio?
Divide the iron ore price per Metric Ton by the nickel 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 nickel futures per Metric Ton of iron ore.
What is the inverse of the iron ore to nickel futures ratio?
The inverse, nickel futures to iron ore, is 168.0 — how many Metric Tons of iron ore one Metric Ton of nickel futures buys.