Commodity ratio · live
Iron Ore 62% FE to Butter Ratio
The iron ore 62% fe to butter ratio is 0.02189 — Iron Ore 62% FE at $95.21 per Metric Ton divided by Butter at $4,350.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:30 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore 62% FE to Butter ratio
1.000 T of iron ore 62% fe = 0.02189 T of butter
Inverse (BUTTER/TIOC): 45.69 — one Metric Ton of butter buys that much iron ore 62% fe.
Close to the middle of its 1 year range. (35th percentile of the last 1 year)
Iron Ore 62% FE
$95.21
per Metric Ton
Butter
€4,350.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ EUR per Metric Ton. The ratio reads as Metric Tons of butter per Metric Ton of iron ore 62% fe. Prices as of Mon, 24 Aug 2026 10:30:06 GMT.
These two commodities are quoted in different currencies (USD and EUR). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.02339
median 0.02499
1Y low
0.01467
Aug 26, 2025
1Y high
0.02884
Jun 26, 2026
Normal band
0.02028–0.02649
mean ± 1 std dev
Deviation from mean
-0.48σ
203 observations
Iron Ore 62% FE to Butter ratio charts
Pick a range once — it applies to the TIOC/BUTTER ratio line, the OHLC candles and the Iron Ore 62% FE / Butter price chart below.
TIOC/BUTTER ratio line
How many T of Butter one T of Iron Ore 62% FE buys, over 1Y.
TIOC/BUTTER ratio candles
Open, high, low and close of the TIOC/BUTTER ratio for each period in the last 1Y.
Iron Ore 62% FE and Butter prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the iron ore 62% fe to butter ratio
Iron Ore 62% FE to Butter ratio = Iron Ore 62% FE price per Metric Ton ÷ Butter price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of butter per Metric Ton of iron ore 62% fe — rather than a plain count.
Worked example, live prices: $95.21 ÷ $4,350.00 = 0.02189. The inverse is 45.69.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the iron ore 62% fe to butter ratio today?
The iron ore 62% fe to butter ratio is 0.02189 — Iron Ore 62% FE at $95.21 per Metric Ton divided by Butter at $4,350.00 per Metric Ton, from live mid-market prices.
How do you calculate the iron ore 62% fe to butter ratio?
Divide the iron ore 62% fe price per Metric Ton by the butter 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 butter per Metric Ton of iron ore 62% fe.
What is the inverse of the iron ore 62% fe to butter ratio?
The inverse, butter to iron ore 62% fe, is 45.69 — how many Metric Tons of iron ore 62% fe one Metric Ton of butter buys.