Commodity ratio · live
Cocoa to Butter Ratio
The cocoa to butter ratio is 1.358 — Cocoa at $5,907.63 per Metric Ton divided by Butter at $4,350.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cocoa to Butter ratio
1.000 T of cocoa = 1.358 T of butter
Inverse (BUTTER/CC): 0.7363 — one Metric Ton of butter buys that much cocoa.
Above its 1 year average. (80th percentile of the last 1 year)
Cocoa
$5,907.63
per Metric Ton
Butter
€4,350.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ EUR per Metric Ton. The ratio reads as Metric Tons of butter per Metric Ton of cocoa. Prices as of Mon, 24 Aug 2026 10:25:20 GMT.
These two commodities are quoted in different currencies (USD and EUR). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
1.102
median 1.110
1Y low
0.0001775
Nov 25, 2025
1Y high
1.585
Jul 8, 2026
Normal band
0.8460–1.358
mean ± 1 std dev
Deviation from mean
+1.00σ
357 observations
Cocoa to Butter ratio charts
Pick a range once — it applies to the CC/BUTTER ratio line, the OHLC candles and the Cocoa / Butter price chart below.
CC/BUTTER ratio line
How many T of Butter one T of Cocoa buys, over 1Y.
CC/BUTTER ratio candles
Open, high, low and close of the CC/BUTTER ratio for each period in the last 1Y.
Cocoa and Butter prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the cocoa to butter ratio
Cocoa to Butter ratio = Cocoa price per Metric Ton ÷ Butter price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of butter per Metric Ton of cocoa — rather than a plain count.
Worked example, live prices: $5,907.63 ÷ $4,350.00 = 1.358. The inverse is 0.7363.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the cocoa to butter ratio today?
The cocoa to butter ratio is 1.358 — Cocoa at $5,907.63 per Metric Ton divided by Butter at $4,350.00 per Metric Ton, from live mid-market prices.
How do you calculate the cocoa to butter ratio?
Divide the cocoa price per Metric Ton by the butter 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 butter per Metric Ton of cocoa.
What is the inverse of the cocoa to butter ratio?
The inverse, butter to cocoa, is 0.7363 — how many Metric Tons of cocoa one Metric Ton of butter buys.