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.

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

Iron Ore 62% FE to Soybean Oil ratio

139.8-31.00% / 1Y

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.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4283.59
2XAGSilver63.37
3WTIOIL-FUTCrude Oil WTI Futures101.53
4BRENTOIL-FUTCrude Oil Brent Futures105.05
5NG-FUTNatural Gas Futures2.89
6PLPlatinum1770.16
7PAPalladium1293.80

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.

Iron Ore 62% FE to Soybean Oil Ratio — 139.8 Today | CommodityPriceAPI