Commodity ratio · live
Soybean Oil to Iron Ore Ratio
The soybean oil to iron ore ratio is 0.006669 — Soybean Oil at $0.6776 per Pound divided by Iron Ore at $101.60 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.
Soybean Oil to Iron Ore ratio
1.000 Lb of soybean oil = 0.006669 T of iron ore
Inverse (IORECR/ZL): 149.9 — one Metric Ton of iron ore buys that much soybean oil.
Soybean Oil
¢0.6776
per Pound
Iron Ore
$101.60
per Metric Ton
Unit basis: US Cent per Pound ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore per Pound of soybean oil. Prices as of Mon, 24 Aug 2026 11:31:16 GMT.
Soybean Oil to Iron Ore ratio charts
Pick a range once — it applies to the ZL/IORECR ratio line, the OHLC candles and the Soybean Oil / Iron Ore price chart below.
ZL/IORECR ratio line
How many T of Iron Ore one Lb of Soybean Oil buys, over 1Y.
No overlapping history for ZL/IORECR over 1Y. Try a longer range.
ZL/IORECR ratio candles
Open, high, low and close of the ZL/IORECR ratio for each period in the last 1Y.
No overlapping history for ZL/IORECR over 1Y. Try a longer range.
Soybean Oil 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 soybean oil to iron ore ratio
Soybean Oil to Iron Ore ratio = Soybean Oil price per Pound ÷ Iron Ore price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of iron ore per Pound of soybean oil — rather than a plain count.
Worked example, live prices: $0.6776 ÷ $101.60 = 0.006669. The inverse is 149.9.
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 soybean oil to iron ore ratio today?
The soybean oil to iron ore ratio is 0.006669 — Soybean Oil at $0.6776 per Pound divided by Iron Ore at $101.60 per Metric Ton, from live mid-market prices.
How do you calculate the soybean oil to iron ore ratio?
Divide the soybean oil price per Pound 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 Pound of soybean oil.
What is the inverse of the soybean oil to iron ore ratio?
The inverse, iron ore to soybean oil, is 149.9 — how many Pounds of soybean oil one Metric Ton of iron ore buys.