Commodity ratio · live

Neodymium to Iron Ore 62% FE Ratio

The neodymium to iron ore 62% fe ratio is 9997 Neodymium at $952,500.00 per Metric Ton divided by Iron Ore 62% FE at $95.28 per Metric Ton.

Prices as of Aug 24, 2026, 10:26 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Neodymium to Iron Ore 62% FE ratio

9997+32.68% / 1Y

1.000 T of neodymium = 9,996.9 T of iron ore 62% fe

Inverse (TIOC/NDYM): 0.0001000 — one Metric Ton of iron ore 62% fe buys that much neodymium.

Above its 1 year average. (78th percentile of the last 1 year)

Neodymium

$952,500.00

per Metric Ton

Iron Ore 62% FE

$95.28

per Metric Ton

Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore 62% fe per Metric Ton of neodymium. Prices as of Mon, 24 Aug 2026 10:26:50 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.

1Y average

8537

median 9069

1Y low

6289

Oct 24, 2025

1Y high

11756

Feb 26, 2026

Normal band

7063–10012

mean ± 1 std dev

Deviation from mean

+0.99σ

199 observations

Neodymium to Iron Ore 62% FE ratio charts

Pick a range once — it applies to the NDYM/TIOC ratio line, the OHLC candles and the Neodymium / Iron Ore 62% FE price chart below.

NDYM/TIOC ratio line

How many T of Iron Ore 62% FE one T of Neodymium buys, over 1Y.

NDYM/TIOC ratio candles

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

Neodymium 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 neodymium to iron ore 62% fe ratio

Neodymium to Iron Ore 62% FE ratio = Neodymium price per Metric Ton ÷ 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 Metric Ton of neodymium — rather than a plain count.

Worked example, live prices: $952,500.00 ÷ $95.28 = 9997. The inverse is 0.0001000.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the neodymium to iron ore 62% fe ratio today?

The neodymium to iron ore 62% fe ratio is 9997 — Neodymium at $952,500.00 per Metric Ton divided by Iron Ore 62% FE at $95.28 per Metric Ton, from live mid-market prices.

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

Divide the neodymium price per Metric Ton 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 Metric Ton of neodymium.

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

The inverse, iron ore 62% fe to neodymium, is 0.0001000 — how many Metric Tons of neodymium one Metric Ton of iron ore 62% fe buys.

Neodymium to Iron Ore 62% FE Ratio — 9997 Today | CommodityPriceAPI