Commodity ratio · live
Iron Ore 62% FE to Copper Futures Ratio
The iron ore 62% fe to copper futures ratio is 14.46 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Copper Futures at $6.59 per Pound.
Prices as of Aug 24, 2026, 11:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore 62% FE to Copper Futures ratio
1.000 T of iron ore 62% fe = 14.458 Lb of copper futures
Inverse (HG-FUT/TIOC): 0.06916 — one Pound of copper futures buys that much iron ore 62% fe.
Near the bottom of its 1 year range — historically compressed. (3th percentile of the last 1 year)
Iron Ore 62% FE
$95.28
per Metric Ton
Copper Futures
$6.59
per Pound
Unit basis: USD per Metric Ton ÷ USD per Pound. The ratio reads as Pounds of copper futures per Metric Ton of iron ore 62% fe. Prices as of Mon, 24 Aug 2026 11:35:59 GMT.
1Y average
18.51
median 18.22
1Y low
13.90
Aug 6, 2026
1Y high
23.57
Sep 9, 2025
Normal band
16.29–20.72
mean ± 1 std dev
Deviation from mean
-1.83σ
197 observations
Iron Ore 62% FE to Copper Futures ratio charts
Pick a range once — it applies to the TIOC/HG-FUT ratio line, the OHLC candles and the Iron Ore 62% FE / Copper Futures price chart below.
TIOC/HG-FUT ratio line
How many Lb of Copper Futures one T of Iron Ore 62% FE buys, over 1Y.
TIOC/HG-FUT ratio candles
Open, high, low and close of the TIOC/HG-FUT ratio for each period in the last 1Y.
Iron Ore 62% FE and Copper Futures 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 copper futures ratio
Iron Ore 62% FE to Copper Futures ratio = Iron Ore 62% FE price per Metric Ton ÷ Copper Futures price per Pound
The two legs use different units, so the result is a rate — Pounds of copper futures per Metric Ton of iron ore 62% fe — rather than a plain count.
Worked example, live prices: $95.28 ÷ $6.59 = 14.46. The inverse is 0.06916.
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 copper futures ratio today?
The iron ore 62% fe to copper futures ratio is 14.46 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Copper Futures at $6.59 per Pound, from live mid-market prices.
How do you calculate the iron ore 62% fe to copper futures ratio?
Divide the iron ore 62% fe price per Metric Ton by the copper futures price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of copper futures per Metric Ton of iron ore 62% fe.
What is the inverse of the iron ore 62% fe to copper futures ratio?
The inverse, copper futures to iron ore 62% fe, is 0.06916 — how many Metric Tons of iron ore 62% fe one Pound of copper futures buys.