Commodity ratio · live
Canola to Cobalt Ratio
The canola to cobalt ratio is 0.01401 — Canola at $788.65 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:23 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Canola to Cobalt ratio
1.000 T of canola = 0.01401 T of cobalt
Inverse (COB/CANOLA): 71.38 — one Metric Ton of cobalt buys that much canola.
Above its 1 year average. (78th percentile of the last 1 year)
Canola
CA$788.65
per Metric Ton
Cobalt
$56,290.00
per Metric Ton
Unit basis: CAD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per Metric Ton of canola. Prices as of Mon, 24 Aug 2026 11:23:27 GMT.
These two commodities are quoted in different currencies (CAD and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.01351
median 0.01314
1Y low
0.01088
Jan 7, 2026
1Y high
0.02030
Aug 24, 2025
Normal band
0.01157–0.01545
mean ± 1 std dev
Deviation from mean
+0.26σ
356 observations
Canola to Cobalt ratio charts
Pick a range once — it applies to the CANOLA/COB ratio line, the OHLC candles and the Canola / Cobalt price chart below.
CANOLA/COB ratio line
How many T of Cobalt one T of Canola buys, over 1Y.
CANOLA/COB ratio candles
Open, high, low and close of the CANOLA/COB ratio for each period in the last 1Y.
Canola 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 canola to cobalt ratio
Canola to Cobalt ratio = Canola 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 canola — rather than a plain count.
Worked example, live prices: $788.65 ÷ $56,290.00 = 0.01401. The inverse is 71.38.
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 canola to cobalt ratio today?
The canola to cobalt ratio is 0.01401 — Canola at $788.65 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the canola to cobalt ratio?
Divide the canola 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 canola.
What is the inverse of the canola to cobalt ratio?
The inverse, cobalt to canola, is 71.38 — how many Metric Tons of canola one Metric Ton of cobalt buys.