Commodity ratio · live

Nickel Futures to Iron Ore Ratio

The nickel futures to iron ore ratio is 168.0 Nickel Futures at $17,065.63 per Metric Ton divided by Iron Ore at $101.60 per Metric Ton.

Prices as of Aug 24, 2026, 12:26 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Nickel Futures to Iron Ore ratio

168.0

1.000 T of nickel futures = 167.969 T of iron ore

Inverse (IORECR/NICKEL-FUT): 0.005953 — one Metric Ton of iron ore buys that much nickel futures.

Nickel Futures

$17,065.63

per Metric Ton

Iron Ore

$101.60

per Metric Ton

Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 12:26:11 GMT.

Nickel Futures to Iron Ore ratio charts

Pick a range once — it applies to the NICKEL-FUT/IORECR ratio line, the OHLC candles and the Nickel Futures / Iron Ore price chart below.

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

NICKEL-FUT/IORECR ratio line

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

No overlapping history for NICKEL-FUT/IORECR over 1Y. Try a longer range.

NICKEL-FUT/IORECR ratio candles

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

No overlapping history for NICKEL-FUT/IORECR over 1Y. Try a longer range.

Nickel Futures 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 nickel futures to iron ore ratio

Nickel Futures to Iron Ore ratio = Nickel Futures price per Metric Ton ÷ Iron Ore price per Metric Ton

Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.

Worked example, live prices: $17,065.63 ÷ $101.60 = 168.0. The inverse is 0.005953.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the nickel futures to iron ore ratio today?

The nickel futures to iron ore ratio is 168.0 — Nickel Futures at $17,065.63 per Metric Ton divided by Iron Ore at $101.60 per Metric Ton, from live mid-market prices.

How do you calculate the nickel futures to iron ore ratio?

Divide the nickel futures 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 nickel futures.

What is the inverse of the nickel futures to iron ore ratio?

The inverse, iron ore to nickel futures, is 0.005953 — how many Metric Tons of nickel futures one Metric Ton of iron ore buys.

Nickel Futures to Iron Ore Ratio — 168.0 Today | CommodityPriceAPI