Commodity ratio · live
Iron Ore 62% FE to Cheese Ratio
The iron ore 62% fe to cheese ratio is 59.18 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Cheese at $1.61 per Pound.
Prices as of Aug 24, 2026, 10:24 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore 62% FE to Cheese ratio
1.000 T of iron ore 62% fe = 59.180 Lb of cheese
Inverse (CHE/TIOC): 0.01690 — one Pound of cheese buys that much iron ore 62% fe.
Below its 1 year average. (18th percentile of the last 1 year)
Iron Ore 62% FE
$95.28
per Metric Ton
Cheese
$1.61
per Pound
Unit basis: USD per Metric Ton ÷ USD per Pound. The ratio reads as Pounds of cheese per Metric Ton of iron ore 62% fe. Prices as of Mon, 24 Aug 2026 10:24:22 GMT.
1Y average
63.89
median 63.03
1Y low
53.92
Sep 3, 2025
1Y high
77.49
Jan 22, 2026
Normal band
58.61–69.18
mean ± 1 std dev
Deviation from mean
-0.89σ
203 observations
Iron Ore 62% FE to Cheese ratio charts
Pick a range once — it applies to the TIOC/CHE ratio line, the OHLC candles and the Iron Ore 62% FE / Cheese price chart below.
TIOC/CHE ratio line
How many Lb of Cheese one T of Iron Ore 62% FE buys, over 1Y.
TIOC/CHE ratio candles
Open, high, low and close of the TIOC/CHE ratio for each period in the last 1Y.
Iron Ore 62% FE and Cheese 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 cheese ratio
Iron Ore 62% FE to Cheese ratio = Iron Ore 62% FE price per Metric Ton ÷ Cheese price per Pound
The two legs use different units, so the result is a rate — Pounds of cheese per Metric Ton of iron ore 62% fe — rather than a plain count.
Worked example, live prices: $95.28 ÷ $1.61 = 59.18. The inverse is 0.01690.
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 cheese ratio today?
The iron ore 62% fe to cheese ratio is 59.18 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Cheese at $1.61 per Pound, from live mid-market prices.
How do you calculate the iron ore 62% fe to cheese ratio?
Divide the iron ore 62% fe price per Metric Ton by the cheese price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of cheese per Metric Ton of iron ore 62% fe.
What is the inverse of the iron ore 62% fe to cheese ratio?
The inverse, cheese to iron ore 62% fe, is 0.01690 — how many Metric Tons of iron ore 62% fe one Pound of cheese buys.