Commodity ratio · live

Propane to Iron Ore Ratio

The propane to iron ore ratio is 0.007382 Propane at $0.7500 per Gallon divided by Iron Ore at $101.60 per Metric Ton.

Prices as of Aug 24, 2026, 10:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Gallon

Propane to Iron Ore ratio

0.007382

1.000 Gal of propane = 0.007382 T of iron ore

Inverse (IORECR/PROP): 135.5 — one Metric Ton of iron ore buys that much propane.

Propane

$0.7500

per Gallon

Iron Ore

$101.60

per Metric Ton

Unit basis: USD per Gallon ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore per Gallon of propane. Prices as of Mon, 24 Aug 2026 10:29:07 GMT.

Propane to Iron Ore ratio charts

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

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

PROP/IORECR ratio line

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

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

PROP/IORECR ratio candles

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

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

Propane 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 propane to iron ore ratio

Propane to Iron Ore ratio = Propane price per Gallon ÷ Iron Ore price per Metric Ton

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

Worked example, live prices: $0.7500 ÷ $101.60 = 0.007382. The inverse is 135.5.

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 propane to iron ore ratio today?

The propane to iron ore ratio is 0.007382 — Propane at $0.7500 per Gallon divided by Iron Ore at $101.60 per Metric Ton, from live mid-market prices.

How do you calculate the propane to iron ore ratio?

Divide the propane price per Gallon 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 Gallon of propane.

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

The inverse, iron ore to propane, is 135.5 — how many Gallons of propane one Metric Ton of iron ore buys.

Propane to Iron Ore Ratio — 0.007382 Today | CommodityPriceAPI