Commodity ratio · live
Iron Ore 62% FE to Soybean Oil Ratio
The iron ore 62% fe to soybean oil ratio is 139.8 — Iron Ore 62% FE at $97.41 per Metric Ton divided by Soybean Oil at $0.6966 per Pound.
Prices as of Sep 16, 2026, 6:36 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore 62% FE to Soybean Oil ratio
1.000 T of iron ore 62% fe = 139.836 Lb of soybean oil
Inverse (ZL/TIOC): 0.007151 — one Pound of soybean oil buys that much iron ore 62% fe.
Below its 1 year average. (12th percentile of the last 1 year)
Iron Ore 62% FE
$97.41
per Metric Ton
Soybean Oil
¢0.6966
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 62% fe. Prices as of Wed, 16 Sep 2026 18:36:12 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
1Y average
174.3
median 160.2
1Y low
128.3
Sep 1, 2026
1Y high
225.5
Dec 19, 2025
Normal band
143.9–204.7
mean ± 1 std dev
Deviation from mean
-1.13σ
201 observations
Iron Ore 62% FE to Soybean Oil ratio charts
Pick a range once — it applies to the TIOC/ZL ratio line, the OHLC candles and the Iron Ore 62% FE / Soybean Oil price chart below.
TIOC/ZL ratio line
How many Lb of Soybean Oil one T of Iron Ore 62% FE buys, over 1Y.
TIOC/ZL ratio candles
Open, high, low and close of the TIOC/ZL ratio for each period in the last 1Y.
Iron Ore 62% FE 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 62% fe to soybean oil ratio
Iron Ore 62% FE to Soybean Oil ratio = Iron Ore 62% FE 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 62% fe — rather than a plain count.
Worked example, live prices: $97.41 ÷ ¢0.6966 = 139.8. The inverse is 0.007151.
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 | 4283.59 |
| 2 | XAG | Silver | 63.37 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 101.53 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 105.05 |
| 5 | NG-FUT | Natural Gas Futures | 2.89 |
| 6 | PL | Platinum | 1770.16 |
| 7 | PA | Palladium | 1293.80 |
Frequently asked questions
What is the iron ore 62% fe to soybean oil ratio today?
The iron ore 62% fe to soybean oil ratio is 139.8 — Iron Ore 62% FE at $97.41 per Metric Ton divided by Soybean Oil at ¢0.6966 per Pound, from live mid-market prices.
How do you calculate the iron ore 62% fe to soybean oil ratio?
Divide the iron ore 62% fe 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 62% fe.
What is the inverse of the iron ore 62% fe to soybean oil ratio?
The inverse, soybean oil to iron ore 62% fe, is 0.007151 — how many Metric Tons of iron ore 62% fe one Pound of soybean oil buys.