Commodity ratio · live
Lamb to Iron Ore 62% FE Ratio
The lamb to iron ore 62% fe ratio is 7.099 — Lamb at $676.41 per Kilogram divided by Iron Ore 62% FE at $95.28 per Metric Ton.
Prices as of Aug 24, 2026, 10:43 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lamb to Iron Ore 62% FE ratio
1.000 kg of lamb = 7.099 T of iron ore 62% fe
Inverse (TIOC/LAMB): 0.1409 — one Metric Ton of iron ore 62% fe buys that much lamb.
Below its 1 year average. (27th percentile of the last 1 year)
Lamb
$676.41
per Kilogram
Iron Ore 62% FE
$95.28
per Metric Ton
Unit basis: USD per Kilogram ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore 62% fe per Kilogram of lamb. Prices as of Mon, 24 Aug 2026 10:43:26 GMT.
1Y average
7.127
median 7.105
1Y low
6.039
Aug 5, 2026
1Y high
7.234
Aug 7, 2026
Normal band
7.094–7.160
mean ± 1 std dev
Deviation from mean
-0.85σ
11 observations
Lamb to Iron Ore 62% FE ratio charts
Pick a range once — it applies to the LAMB/TIOC ratio line, the OHLC candles and the Lamb / Iron Ore 62% FE price chart below.
LAMB/TIOC ratio line
How many T of Iron Ore 62% FE one kg of Lamb buys, over 1Y.
LAMB/TIOC ratio candles
Open, high, low and close of the LAMB/TIOC ratio for each period in the last 1Y.
Lamb and Iron Ore 62% FE prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the lamb to iron ore 62% fe ratio
Lamb to Iron Ore 62% FE ratio = Lamb price per Kilogram ÷ Iron Ore 62% FE price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of iron ore 62% fe per Kilogram of lamb — rather than a plain count.
Worked example, live prices: $676.41 ÷ $95.28 = 7.099. The inverse is 0.1409.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the lamb to iron ore 62% fe ratio today?
The lamb to iron ore 62% fe ratio is 7.099 — Lamb at $676.41 per Kilogram divided by Iron Ore 62% FE at $95.28 per Metric Ton, from live mid-market prices.
How do you calculate the lamb to iron ore 62% fe ratio?
Divide the lamb price per Kilogram by the iron ore 62% fe price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of iron ore 62% fe per Kilogram of lamb.
What is the inverse of the lamb to iron ore 62% fe ratio?
The inverse, iron ore 62% fe to lamb, is 0.1409 — how many Kilograms of lamb one Metric Ton of iron ore 62% fe buys.