Commodity ratio · live

Iron Ore to Wool Ratio

The iron ore to wool ratio is 0.05607 Iron Ore at $101.60 per Metric Ton divided by Wool at $1,812.00 per 100 Kilogram.

Prices as of Aug 24, 2026, 10:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Iron Ore to Wool ratio

0.05607

1.000 T of iron ore = 0.05607 100 Kg of wool

Inverse (WOOL/IORECR): 17.83 — one 100 Kilogram of wool buys that much iron ore.

Iron Ore

$101.60

per Metric Ton

Wool

AU$1,812.00

per 100 Kilogram

Unit basis: USD per Metric Ton ÷ AUD per 100 Kilogram. The ratio reads as 100 Kilograms of wool per Metric Ton of iron ore. Prices as of Mon, 24 Aug 2026 10:27:04 GMT.

These two commodities are quoted in different currencies (USD and AUD). The figure above is a raw quote ratio and is not FX-adjusted.

Iron Ore to Wool ratio charts

Pick a range once — it applies to the IORECR/WOOL ratio line, the OHLC candles and the Iron Ore / Wool price chart below.

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

IORECR/WOOL ratio line

How many 100 Kg of Wool one T of Iron Ore buys, over 1Y.

No overlapping history for IORECR/WOOL over 1Y. Try a longer range.

IORECR/WOOL ratio candles

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

No overlapping history for IORECR/WOOL over 1Y. Try a longer range.

Iron Ore and Wool 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 wool ratio

Iron Ore to Wool ratio = Iron Ore price per Metric Ton ÷ Wool price per 100 Kilogram

The two legs use different units, so the result is a rate — 100 Kilograms of wool per Metric Ton of iron ore — rather than a plain count.

Worked example, live prices: $101.60 ÷ $1,812.00 = 0.05607. The inverse is 17.83.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the iron ore to wool ratio today?

The iron ore to wool ratio is 0.05607 — Iron Ore at $101.60 per Metric Ton divided by Wool at $1,812.00 per 100 Kilogram, from live mid-market prices.

How do you calculate the iron ore to wool ratio?

Divide the iron ore price per Metric Ton by the wool price per 100 Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as 100 Kilograms of wool per Metric Ton of iron ore.

What is the inverse of the iron ore to wool ratio?

The inverse, wool to iron ore, is 17.83 — how many Metric Tons of iron ore one 100 Kilogram of wool buys.

Iron Ore to Wool Ratio — 0.05607 Today | CommodityPriceAPI