Commodity ratio · live

Neodymium to Iron Ore Ratio

The neodymium to iron ore ratio is 9375 Neodymium at $952,500.00 per Metric Ton divided by Iron Ore at $101.60 per Metric Ton.

Prices as of Aug 24, 2026, 11:23 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Neodymium to Iron Ore ratio

9375

1.000 T of neodymium = 9,375 T of iron ore

Inverse (IORECR/NDYM): 0.0001067 — one Metric Ton of iron ore buys that much neodymium.

Neodymium

$952,500.00

per Metric Ton

Iron Ore

$101.60

per Metric Ton

Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore per Metric Ton of neodymium. Prices as of Mon, 24 Aug 2026 11:23:48 GMT.

These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.

Neodymium to Iron Ore ratio charts

Pick a range once — it applies to the NDYM/IORECR ratio line, the OHLC candles and the Neodymium / Iron Ore price chart below.

One of these commodities only updates monthly, so short ranges are unavailable.

NDYM/IORECR ratio line

How many T of Iron Ore one T of Neodymium buys, over 1Y.

No overlapping history for NDYM/IORECR over 1Y. Try a longer range.

NDYM/IORECR ratio candles

Open, high, low and close of the NDYM/IORECR ratio for each period in the last 1Y.

No overlapping history for NDYM/IORECR over 1Y. Try a longer range.

Neodymium and Iron Ore prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the neodymium to iron ore ratio

Neodymium to Iron Ore ratio = Neodymium price per Metric Ton ÷ Iron Ore price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of iron ore per Metric Ton of neodymium — rather than a plain count.

Worked example, live prices: $952,500.00 ÷ $101.60 = 9375. The inverse is 0.0001067.

Live prices behind the ratio

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7PAPalladium1350.90

Frequently asked questions

What is the neodymium to iron ore ratio today?

The neodymium to iron ore ratio is 9375 — Neodymium at $952,500.00 per Metric Ton divided by Iron Ore at $101.60 per Metric Ton, from live mid-market prices.

How do you calculate the neodymium to iron ore ratio?

Divide the neodymium price per Metric Ton by the iron ore 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 per Metric Ton of neodymium.

What is the inverse of the neodymium to iron ore ratio?

The inverse, iron ore to neodymium, is 0.0001067 — how many Metric Tons of neodymium one Metric Ton of iron ore buys.

Neodymium to Iron Ore Ratio — 9375 Today | CommodityPriceAPI