Commodity ratio · live

Palm Oil to Iron Ore Ratio

The palm oil to iron ore ratio is 48.69 Palm Oil at $4,947.00 per Metric Ton divided by Iron Ore at $101.60 per Metric Ton.

Prices as of Aug 24, 2026, 12:15 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Palm Oil to Iron Ore ratio

48.69

1.000 T of palm oil = 48.691 T of iron ore

Inverse (IORECR/PO): 0.02054 — one Metric Ton of iron ore buys that much palm oil.

Palm Oil

MYR4,947.00

per Metric Ton

Iron Ore

$101.60

per Metric Ton

Unit basis: MYR per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore per Metric Ton of palm oil. Prices as of Mon, 24 Aug 2026 12:15:08 GMT.

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

Palm Oil to Iron Ore ratio charts

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

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

PO/IORECR ratio line

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

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

PO/IORECR ratio candles

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

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

Palm Oil 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 palm oil to iron ore ratio

Palm Oil to Iron Ore ratio = Palm Oil 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 palm oil — rather than a plain count.

Worked example, live prices: $4,947.00 ÷ $101.60 = 48.69. The inverse is 0.02054.

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 palm oil to iron ore ratio today?

The palm oil to iron ore ratio is 48.69 — Palm Oil at $4,947.00 per Metric Ton divided by Iron Ore at $101.60 per Metric Ton, from live mid-market prices.

How do you calculate the palm oil to iron ore ratio?

Divide the palm oil 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 palm oil.

What is the inverse of the palm oil to iron ore ratio?

The inverse, iron ore to palm oil, is 0.02054 — how many Metric Tons of palm oil one Metric Ton of iron ore buys.

Palm Oil to Iron Ore Ratio — 48.69 Today | CommodityPriceAPI