Commodity ratio · live
Propane to Iron Ore 62% FE Ratio
The propane to iron ore 62% fe ratio is 0.007872 — Propane at $0.7500 per Gallon divided by Iron Ore 62% FE at $95.28 per Metric Ton.
Prices as of Aug 24, 2026, 11:19 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Propane to Iron Ore 62% FE ratio
1.000 Gal of propane = 0.007872 T of iron ore 62% fe
Inverse (TIOC/PROP): 127.0 — one Metric Ton of iron ore 62% fe buys that much propane.
Near the top of its 1 year range — historically stretched. (94th percentile of the last 1 year)
Propane
$0.7500
per Gallon
Iron Ore 62% FE
$95.28
per Metric Ton
Unit basis: USD per Gallon ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore 62% fe per Gallon of propane. Prices as of Mon, 24 Aug 2026 11:19:13 GMT.
1Y average
0.006905
median 0.006863
1Y low
0.005623
Jan 16, 2026
1Y high
0.008499
May 5, 2026
Normal band
0.006256–0.007554
mean ± 1 std dev
Deviation from mean
+1.49σ
201 observations
Propane to Iron Ore 62% FE ratio charts
Pick a range once — it applies to the PROP/TIOC ratio line, the OHLC candles and the Propane / Iron Ore 62% FE price chart below.
PROP/TIOC ratio line
How many T of Iron Ore 62% FE one Gal of Propane buys, over 1Y.
PROP/TIOC ratio candles
Open, high, low and close of the PROP/TIOC ratio for each period in the last 1Y.
Propane 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 propane to iron ore 62% fe ratio
Propane to Iron Ore 62% FE ratio = Propane price per Gallon ÷ 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 Gallon of propane — rather than a plain count.
Worked example, live prices: $0.7500 ÷ $95.28 = 0.007872. The inverse is 127.0.
The flagship commodity ratios
Each of these has its own dedicated page with live pricing, a full year of history and range statistics.
Live prices behind the ratio
| # | Symbol | Name | Rate (USD) |
|---|---|---|---|
| 1 | XAU | Gold | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the propane to iron ore 62% fe ratio today?
The propane to iron ore 62% fe ratio is 0.007872 — Propane at $0.7500 per Gallon divided by Iron Ore 62% FE at $95.28 per Metric Ton, from live mid-market prices.
How do you calculate the propane to iron ore 62% fe ratio?
Divide the propane price per Gallon 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 Gallon of propane.
What is the inverse of the propane to iron ore 62% fe ratio?
The inverse, iron ore 62% fe to propane, is 127.0 — how many Gallons of propane one Metric Ton of iron ore 62% fe buys.