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.
Iron Ore 62% FE to Soybean Oil ratio
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.
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 | 4351.63 |
| 2 | XAG | Silver | 66.03 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 95.67 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 100.24 |
| 5 | NG-FUT | Natural Gas Futures | 2.83 |
| 6 | PL | Platinum | 1809.91 |
| 7 | PA | Palladium | 1314.10 |
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.