Commodity ratio · live

Iron Ore 62% FE to Soybean Oil Ratio

The iron ore 62% fe to soybean oil ratio is 140.0 Iron Ore 62% FE at $95.28 per Metric Ton divided by Soybean Oil at $0.6804 per Pound.

Prices as of Aug 24, 2026, 10:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Iron Ore 62% FE to Soybean Oil ratio

140.0-26.15% / 1Y

1.000 T of iron ore 62% fe = 140.035 Lb of soybean oil

Inverse (ZL/TIOC): 0.007141 — one Pound of soybean oil buys that much iron ore 62% fe.

Below its 1 year average. (10th percentile of the last 1 year)

Iron Ore 62% FE

$95.28

per Metric Ton

Soybean Oil

¢0.6804

per Pound

Unit basis: USD per Metric Ton ÷ US Cent per Pound. The ratio reads as Pounds of soybean oil per Metric Ton of iron ore 62% fe. Prices as of Mon, 24 Aug 2026 10:27:47 GMT.

1Y average

177.7

median 165.1

1Y low

130.8

Aug 21, 2026

1Y high

225.5

Dec 19, 2025

Normal band

148.0–207.4

mean ± 1 std dev

Deviation from mean

-1.27σ

199 observations

Iron Ore 62% FE to Soybean Oil ratio charts

Pick a range once — it applies to the TIOC/ZL ratio line, the OHLC candles and the Iron Ore 62% FE / Soybean Oil price chart below.

TIOC/ZL ratio line

How many Lb of Soybean Oil one T of Iron Ore 62% FE buys, over 1Y.

TIOC/ZL ratio candles

Open, high, low and close of the TIOC/ZL ratio for each period in the last 1Y.

Iron Ore 62% FE and Soybean Oil 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 soybean oil ratio

Iron Ore 62% FE to Soybean Oil ratio = Iron Ore 62% FE price per Metric Ton ÷ Soybean Oil price per Pound

The two legs use different units, so the result is a rate — Pounds of soybean oil per Metric Ton of iron ore 62% fe — rather than a plain count.

Worked example, live prices: $95.28 ÷ $0.6804 = 140.0. The inverse is 0.007141.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the iron ore 62% fe to soybean oil ratio today?

The iron ore 62% fe to soybean oil ratio is 140.0 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Soybean Oil at $0.6804 per Pound, from live mid-market prices.

How do you calculate the iron ore 62% fe to soybean oil ratio?

Divide the iron ore 62% fe price per Metric Ton by the soybean oil price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of soybean oil per Metric Ton of iron ore 62% fe.

What is the inverse of the iron ore 62% fe to soybean oil ratio?

The inverse, soybean oil to iron ore 62% fe, is 0.007141 — how many Metric Tons of iron ore 62% fe one Pound of soybean oil buys.

Iron Ore 62% FE to Soybean Oil Ratio — 140.0 Today | CommodityPriceAPI