price: monthly benchmark per dry metric ton unit

Change commodity
All commodity prices
97.70USD+1.40 USD (+1.45%) from previous observationPer dry metric ton unit · Monthly, September 2026

The World Bank: World Bank Commodity Price Data (The Pink Sheet)

+69.03%over 10 years
Full history

Commodity prices API

GET /v1/commodities/physical/series/worldbank-cmo-iron-ore-cfr-spot/latest

{
  "period_start": "2026-09-01",
  "period_end": "2026-09-30",
  "price": "97.7",
  "published_on": null,
  "revision": 1,
  "series_id": "worldbank-cmo-iron-ore-cfr-spot",
  "currency": "USD",
  "unit": "dry_metric_ton_unit",
  "unit_quantity": "1",
  "attribution": "The World Bank: World Bank Commodity Price Data (The Pink Sheet)"
}

Read the latest published price and its unit, observation dates and source credit. Use the observations endpoint for history.

Get an API key

Key data points

Latest observation
97.70 USD September 2026
Previous observation
96.30 USD August 2026
12-month range
96.30 USD
to 108.60 USD
All-time high in data
214.40 USD June 2021
Unit
Dry metric ton unit
Currency
USD
Frequency
Monthly
Data since
January 1960

Iron ore price by year

Full history →
Iron ore price by year
YearAverageHighLowChange
2026 (to date)101.83 USD108.60 USDMay 202696.30 USDAugust 2026▼ −7.39%
2025100.18 USD105.10 USDFebruary 202592.30 USDJune 2025▲ +5.02%
2024109.41 USD135.80 USDJanuary 202492.80 USDSeptember 2024▼ −24.74%
2023120.59 USD137.10 USDDecember 2023105.20 USDMay 2023▲ +12.19%
2022121.30 USD152.10 USDMarch 202292.60 USDOctober 2022▼ −15.62%
2021161.70 USD214.40 USDJune 202196.20 USDNovember 2021▼ −31.01%
2020108.93 USD155.40 USDDecember 202084.70 USDApril 2020▲ +62.21%
201993.86 USD120.20 USDJuly 201976.20 USDJanuary 2019▲ +21.65%
201869.77 USD77.50 USDFebruary 201864.60 USDJuly 2018▼ −9.31%
201771.76 USD89.40 USDFebruary 201757.50 USDJune 2017▼ −10.07%
201658.43 USD80.00 USDDecember 201641.90 USDJanuary 2016▲ +90.93%
201555.87 USD68.20 USDJanuary 201540.50 USDDecember 2015▼ −40.62%
201496.96 USD128.10 USDJanuary 201468.40 USDDecember 2014▼ −46.60%
2013135.37 USD154.60 USDFebruary 2013114.80 USDJune 2013▼ −9.77%
2012128.51 USD147.60 USDApril 201299.50 USDSeptember 2012▼ −8.41%
2011167.76 USD187.20 USDFebruary 2011135.50 USDNovember 2011▼ −23.88%
2010145.87 USD172.50 USDApril 2010125.70 USDJanuary 2010▲ +29.75%
200980.00 USD105.10 USDDecember 200959.80 USDApril 2009▲ +44.97%
2008156.00 USD197.10 USDMarch 200865.00 USDNovember 2008▼ −63.81%
2007123.00 USD195.10 USDNovember 200778.20 USDJanuary 2007▲ +143.09%
Show all
Iron ore price by year
YearAverageHighLowChange
200669.33 USD73.50 USDNovember 200665.20 USDFebruary 2006▲ +9.37%
200565.00 USD65.00 USDJanuary 200565.00 USDJanuary 20050.00%
200437.90 USD37.90 USDJanuary 200437.90 USDJanuary 20040.00%
200332.00 USD32.00 USDJanuary 200332.00 USDJanuary 20030.00%
200229.30 USD29.30 USDJanuary 200229.30 USDJanuary 20020.00%
200130.00 USD30.00 USDJanuary 200130.00 USDJanuary 20010.00%
200028.80 USD28.80 USDJanuary 200028.80 USDJanuary 20000.00%
199927.60 USD27.60 USDJanuary 199927.60 USDJanuary 19990.00%
199831.00 USD31.00 USDJanuary 199831.00 USDJanuary 19980.00%
199730.20 USD30.20 USDJanuary 199730.20 USDJanuary 19970.00%
199630.00 USD30.00 USDJanuary 199630.00 USDJanuary 19960.00%
199528.40 USD28.40 USDJanuary 199528.40 USDJanuary 19950.00%
199426.50 USD26.50 USDJanuary 199426.50 USDJanuary 19940.00%
199329.10 USD29.10 USDJanuary 199329.10 USDJanuary 19930.00%
199233.10 USD33.10 USDJanuary 199233.10 USDJanuary 19920.00%
199134.80 USD34.80 USDJanuary 199134.80 USDJanuary 19910.00%
199032.50 USD32.50 USDJanuary 199032.50 USDJanuary 19900.00%
198927.80 USD27.80 USDJanuary 198927.80 USDJanuary 19890.00%
198824.30 USD24.30 USDJanuary 198824.30 USDJanuary 19880.00%
198725.30 USD25.30 USDJanuary 198725.30 USDJanuary 19870.00%
198626.30 USD26.30 USDJanuary 198626.30 USDJanuary 19860.00%
198526.60 USD26.60 USDJanuary 198526.60 USDJanuary 19850.00%
198426.20 USD26.20 USDJanuary 198426.20 USDJanuary 19840.00%
198329.00 USD29.00 USDJanuary 198329.00 USDJanuary 19830.00%
198232.50 USD32.50 USDJanuary 198232.50 USDJanuary 19820.00%
198128.10 USD28.10 USDJanuary 198128.10 USDJanuary 19810.00%
198028.10 USD28.10 USDJanuary 198028.10 USDJanuary 19800.00%
197923.50 USD23.50 USDJanuary 197923.50 USDJanuary 19790.00%
197821.50 USD21.50 USDJanuary 197821.50 USDJanuary 19780.00%
197723.10 USD23.10 USDJanuary 197723.10 USDJanuary 19770.00%
197622.70 USD22.70 USDJanuary 197622.70 USDJanuary 19760.00%
197517.30 USD17.30 USDJanuary 197517.30 USDJanuary 19750.00%
197413.40 USD13.40 USDJanuary 197413.40 USDJanuary 19740.00%
197310.30 USD10.30 USDJanuary 197310.30 USDJanuary 19730.00%
197210.30 USD10.30 USDJanuary 197210.30 USDJanuary 19720.00%
197110.30 USD10.30 USDJanuary 197110.30 USDJanuary 19710.00%
19709.80 USD9.80 USDJanuary 19709.80 USDJanuary 19700.00%
19699.80 USD9.80 USDJanuary 19699.80 USDJanuary 19690.00%
19688.80 USD8.80 USDJanuary 19688.80 USDJanuary 19680.00%
19678.90 USD8.90 USDJanuary 19678.90 USDJanuary 19670.00%
19669.50 USD9.50 USDJanuary 19669.50 USDJanuary 19660.00%
196510.63 USD15.30 USDMay 196510.20 USDJanuary 19650.00%
196410.20 USD10.20 USDJanuary 196410.20 USDJanuary 19640.00%
196311.00 USD11.00 USDJanuary 196311.00 USDJanuary 19630.00%
196211.00 USD11.00 USDJanuary 196211.00 USDJanuary 19620.00%
196111.00 USD11.00 USDJanuary 196111.00 USDJanuary 19610.00%
196011.40 USD11.40 USDJanuary 196011.40 USDJanuary 19600.00%
All commodity prices →
SoybeansPer metric ton524.00 USD▲ +8.71%CornPer metric ton239.60 USD▲ +6.96%BeefPer kilogram6.86 USD▼ −5.77%AluminiumPer metric ton3,283.00 USD▲ +0.98%

Common questions

What is the latest iron ore price?

The iron ore price is 97.70 USD per dry metric ton unit. Monthly, September 2026. This is a published observation, not a live quote.

How has the iron ore price changed?

The price changed by +1.40 USD (+1.45%) from the observation for August 2026.

How often does this price update?

This series is monthly. The latest observation covers September 2026. Observation dates describe the period measured, not when you opened this page.

What is the highest iron ore price in this history?

The highest observation was 214.40 USD per dry metric ton unit for June 2021. This history runs from January 1960 to September 2026. It does not measure intraday highs.

Where does this price come from?

The World Bank: World Bank Commodity Price Data (The Pink Sheet)

Source
The World Bank: World Bank Commodity Price Data (The Pink Sheet)
Physical price API →
API
Published prices and observation history
API reference →