Commodity ratio · live
Cocoa to Cobalt Ratio
The cocoa to cobalt ratio is 0.1052 — Cocoa at $5,920.12 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:15 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cocoa to Cobalt ratio
1.000 T of cocoa = 0.1052 T of cobalt
Inverse (COB/CC): 9.508 — one Metric Ton of cobalt buys that much cocoa.
Close to the middle of its 1 year range. (61th percentile of the last 1 year)
Cocoa
$5,920.12
per Metric Ton
Cobalt
$56,290.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per Metric Ton of cocoa. Prices as of Mon, 24 Aug 2026 11:15:50 GMT.
1Y average
0.1018
median 0.09465
1Y low
0.00001874
Nov 25, 2025
1Y high
0.2382
Aug 24, 2025
Normal band
0.05605–0.1476
mean ± 1 std dev
Deviation from mean
+0.07σ
357 observations
Cocoa to Cobalt ratio charts
Pick a range once — it applies to the CC/COB ratio line, the OHLC candles and the Cocoa / Cobalt price chart below.
CC/COB ratio line
How many T of Cobalt one T of Cocoa buys, over 1Y.
CC/COB ratio candles
Open, high, low and close of the CC/COB ratio for each period in the last 1Y.
Cocoa 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 cocoa to cobalt ratio
Cocoa to Cobalt ratio = Cocoa price per Metric Ton ÷ Cobalt price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $5,920.12 ÷ $56,290.00 = 0.1052. The inverse is 9.508.
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 cocoa to cobalt ratio today?
The cocoa to cobalt ratio is 0.1052 — Cocoa at $5,920.12 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the cocoa to cobalt ratio?
Divide the cocoa 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 cocoa.
What is the inverse of the cocoa to cobalt ratio?
The inverse, cobalt to cocoa, is 9.508 — how many Metric Tons of cocoa one Metric Ton of cobalt buys.