Commodity ratio · live
Iron Ore 62% FE to Canola Ratio
The iron ore 62% fe to canola ratio is 0.1209 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Canola at $788.24 per Metric Ton.
Prices as of Aug 24, 2026, 11:31 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore 62% FE to Canola ratio
1.000 T of iron ore 62% fe = 0.1209 T of canola
Inverse (CANOLA/TIOC): 8.273 — one Metric Ton of canola buys that much iron ore 62% fe.
Near the bottom of its 1 year range — historically compressed. (5th percentile of the last 1 year)
Iron Ore 62% FE
$95.28
per Metric Ton
Canola
CA$788.24
per Metric Ton
Unit basis: USD per Metric Ton ÷ CAD per Metric Ton. The ratio reads as Metric Tons of canola per Metric Ton of iron ore 62% fe. Prices as of Mon, 24 Aug 2026 11:31:51 GMT.
These two commodities are quoted in different currencies (USD and CAD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.1533
median 0.1514
1Y low
0.1139
Aug 19, 2026
1Y high
0.1864
Dec 19, 2025
Normal band
0.1355–0.1711
mean ± 1 std dev
Deviation from mean
-1.82σ
203 observations
Iron Ore 62% FE to Canola ratio charts
Pick a range once — it applies to the TIOC/CANOLA ratio line, the OHLC candles and the Iron Ore 62% FE / Canola price chart below.
TIOC/CANOLA ratio line
How many T of Canola one T of Iron Ore 62% FE buys, over 1Y.
TIOC/CANOLA ratio candles
Open, high, low and close of the TIOC/CANOLA ratio for each period in the last 1Y.
Iron Ore 62% FE and Canola 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 canola ratio
Iron Ore 62% FE to Canola ratio = Iron Ore 62% FE price per Metric Ton ÷ Canola price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of canola per Metric Ton of iron ore 62% fe — rather than a plain count.
Worked example, live prices: $95.28 ÷ $788.24 = 0.1209. The inverse is 8.273.
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 iron ore 62% fe to canola ratio today?
The iron ore 62% fe to canola ratio is 0.1209 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Canola at $788.24 per Metric Ton, from live mid-market prices.
How do you calculate the iron ore 62% fe to canola ratio?
Divide the iron ore 62% fe price per Metric Ton by the canola 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 canola per Metric Ton of iron ore 62% fe.
What is the inverse of the iron ore 62% fe to canola ratio?
The inverse, canola to iron ore 62% fe, is 8.273 — how many Metric Tons of iron ore 62% fe one Metric Ton of canola buys.