Commodity ratio · live
Butter to Cobalt Ratio
The butter to cobalt ratio is 0.07728 — Butter at $4,350.00 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Butter to Cobalt ratio
1.000 T of butter = 0.07728 T of cobalt
Inverse (COB/BUTTER): 12.94 — one Metric Ton of cobalt buys that much butter.
Close to the middle of its 1 year range. (49th percentile of the last 1 year)
Butter
€4,350.00
per Metric Ton
Cobalt
$56,290.00
per Metric Ton
Unit basis: EUR per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per Metric Ton of butter. Prices as of Mon, 24 Aug 2026 10:29:09 GMT.
These two commodities are quoted in different currencies (EUR and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.09258
median 0.07731
1Y low
0.06795
Jun 29, 2026
1Y high
0.2062
Aug 24, 2025
Normal band
0.05883–0.1263
mean ± 1 std dev
Deviation from mean
-0.45σ
363 observations
Butter to Cobalt ratio charts
Pick a range once — it applies to the BUTTER/COB ratio line, the OHLC candles and the Butter / Cobalt price chart below.
BUTTER/COB ratio line
How many T of Cobalt one T of Butter buys, over 1Y.
BUTTER/COB ratio candles
Open, high, low and close of the BUTTER/COB ratio for each period in the last 1Y.
Butter and Cobalt prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the butter to cobalt ratio
Butter to Cobalt ratio = Butter price per Metric Ton ÷ Cobalt price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of cobalt per Metric Ton of butter — rather than a plain count.
Worked example, live prices: $4,350.00 ÷ $56,290.00 = 0.07728. The inverse is 12.94.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the butter to cobalt ratio today?
The butter to cobalt ratio is 0.07728 — Butter at $4,350.00 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the butter to cobalt ratio?
Divide the butter price per Metric Ton by the cobalt 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 cobalt per Metric Ton of butter.
What is the inverse of the butter to cobalt ratio?
The inverse, cobalt to butter, is 12.94 — how many Metric Tons of butter one Metric Ton of cobalt buys.