Commodity ratio · live

Iron Ore 62% FE to Soybean Oil Ratio

The iron ore 62% fe to soybean oil ratio is 0.06555 Iron Ore 62% FE at $0.09933 per kilogram divided by Soybean Oil at $1.52 per kilogram.

Iron ore 62% fe is quoted per metric ton and soybean oil per pound, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.

Prices as of Sep 21, 2026, 2:52 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton
TIOC · USD per Metric Ton
ZL · US Cent per Pound

Iron Ore 62% FE to Soybean Oil ratio

0.06555-31.46% / 1Y

1.000 kg of iron ore 62% fe = 0.06555 kg of soybean oil

Inverse (ZL/TIOC): 15.25 — one kilogram of soybean oil buys that much iron ore 62% fe.

Below its 1 year average. (24th percentile of the last 1 year)

Iron Ore 62% FE

$0.09933

per kilogram

Soybean Oil

$1.52

per kilogram

quoted US Cent 68.68 per Pound

Unit basis: USD per kilogram ÷ USD per kilogram. Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number. Prices as of Mon, 21 Sep 2026 14:52:28 GMT.

Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.

Iron ore 62% fe is quoted per metric ton and soybean oil per pound, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.

1Y average

0.07871

median 0.07205

1Y low

0.05821

Sep 1, 2026

1Y high

0.1023

Dec 19, 2025

Normal band

0.06492–0.09249

mean ± 1 std dev

Deviation from mean

-0.95σ

200 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 kg of Soybean Oil one kg 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 in USD per kilogram ÷ Soybean Oil price in USD per kilogram

Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number.

Iron ore 62% fe is quoted per metric ton and soybean oil per pound, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.

Worked example, live prices: $0.09933 per kilogram ÷ $1.52 per kilogram = 0.06555. The inverse is 15.25.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4351.63
2XAGSilver66.03
3WTIOIL-FUTCrude Oil WTI Futures95.67
4BRENTOIL-FUTCrude Oil Brent Futures100.24
5NG-FUTNatural Gas Futures2.83
6PLPlatinum1809.91
7PAPalladium1314.10

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 0.06555 — Iron Ore 62% FE at $0.09933 per kilogram divided by Soybean Oil at $1.52 per kilogram, from live mid-market prices. Both figures are US dollars per kilogram.

How do you calculate the iron ore 62% fe to soybean oil ratio?

Divide the iron ore 62% fe price per kilogram by the soybean oil price per kilogram. Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number.

What is the inverse of the iron ore 62% fe to soybean oil ratio?

The inverse, soybean oil to iron ore 62% fe, is 15.25 — how many kilograms of iron ore 62% fe one kilogram of soybean oil buys.