Commodity ratio · live
Iron Ore to Soybean Oil Ratio
The iron ore to soybean oil ratio is 149.9 — Iron Ore at $101.60 per Metric Ton divided by Soybean Oil at $0.6776 per Pound.
Prices as of Aug 24, 2026, 11:31 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore to Soybean Oil ratio
1.000 T of iron ore = 149.941 Lb of soybean oil
Inverse (ZL/IORECR): 0.006669 — one Pound of soybean oil buys that much iron ore.
Iron Ore
$101.60
per Metric Ton
Soybean Oil
¢0.6776
per Pound
Unit basis: USD per Metric Ton ÷ US Cent per Pound. The ratio reads as Pounds of soybean oil per Metric Ton of iron ore. Prices as of Mon, 24 Aug 2026 11:31:16 GMT.
Iron Ore to Soybean Oil ratio charts
Pick a range once — it applies to the IORECR/ZL ratio line, the OHLC candles and the Iron Ore / Soybean Oil price chart below.
IORECR/ZL ratio line
How many Lb of Soybean Oil one T of Iron Ore buys, over 1Y.
No overlapping history for IORECR/ZL over 1Y. Try a longer range.
IORECR/ZL ratio candles
Open, high, low and close of the IORECR/ZL ratio for each period in the last 1Y.
No overlapping history for IORECR/ZL over 1Y. Try a longer range.
Iron Ore and Soybean Oil 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 soybean oil ratio
Iron Ore to Soybean Oil ratio = Iron Ore price per Metric Ton ÷ Soybean Oil price per Pound
The two legs use different units, so the result is a rate — Pounds of soybean oil per Metric Ton of iron ore — rather than a plain count.
Worked example, live prices: $101.60 ÷ $0.6776 = 149.9. The inverse is 0.006669.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the iron ore to soybean oil ratio today?
The iron ore to soybean oil ratio is 149.9 — Iron Ore at $101.60 per Metric Ton divided by Soybean Oil at $0.6776 per Pound, from live mid-market prices.
How do you calculate the iron ore to soybean oil ratio?
Divide the iron ore price per Metric Ton by the soybean oil price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of soybean oil per Metric Ton of iron ore.
What is the inverse of the iron ore to soybean oil ratio?
The inverse, soybean oil to iron ore, is 0.006669 — how many Metric Tons of iron ore one Pound of soybean oil buys.