Commodity ratio · live

Wool to Iron Ore Ratio

The wool to iron ore ratio is 17.83 Wool at $1,812.00 per 100 Kilogram divided by Iron Ore at $101.60 per Metric Ton.

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

100 Kilogram

Wool to Iron Ore ratio

17.83

1.000 100 Kg of wool = 17.835 T of iron ore

Inverse (IORECR/WOOL): 0.05607 — one Metric Ton of iron ore buys that much wool.

Wool

AU$1,812.00

per 100 Kilogram

Iron Ore

$101.60

per Metric Ton

Unit basis: AUD per 100 Kilogram ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore per 100 Kilogram of wool. Prices as of Mon, 24 Aug 2026 10:27:05 GMT.

These two commodities are quoted in different currencies (AUD and USD). The figure above is a raw quote ratio and is not FX-adjusted.

Wool to Iron Ore ratio charts

Pick a range once — it applies to the WOOL/IORECR ratio line, the OHLC candles and the Wool / Iron Ore price chart below.

One of these commodities only updates monthly, so short ranges are unavailable.

WOOL/IORECR ratio line

How many T of Iron Ore one 100 Kg of Wool buys, over 1Y.

No overlapping history for WOOL/IORECR over 1Y. Try a longer range.

WOOL/IORECR ratio candles

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

No overlapping history for WOOL/IORECR over 1Y. Try a longer range.

Wool and Iron Ore prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the wool to iron ore ratio

Wool to Iron Ore ratio = Wool price per 100 Kilogram ÷ Iron Ore price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of iron ore per 100 Kilogram of wool — rather than a plain count.

Worked example, live prices: $1,812.00 ÷ $101.60 = 17.83. The inverse is 0.05607.

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 wool to iron ore ratio today?

The wool to iron ore ratio is 17.83 — Wool at $1,812.00 per 100 Kilogram divided by Iron Ore at $101.60 per Metric Ton, from live mid-market prices.

How do you calculate the wool to iron ore ratio?

Divide the wool price per 100 Kilogram by the iron ore 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 iron ore per 100 Kilogram of wool.

What is the inverse of the wool to iron ore ratio?

The inverse, iron ore to wool, is 0.05607 — how many 100 Kilograms of wool one Metric Ton of iron ore buys.

Wool to Iron Ore Ratio — 17.83 Today | CommodityPriceAPI