Commodity ratio · live
Coal to Cobalt Ratio
The coal to cobalt ratio is 0.002336 — Coal at $131.50 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:19 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Coal to Cobalt ratio
1.000 T of coal = 0.002336 T of cobalt
Inverse (COB/COAL): 428.1 — one Metric Ton of cobalt buys that much coal.
Close to the middle of its 1 year range. (53th percentile of the last 1 year)
Coal
$131.50
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 coal. Prices as of Mon, 24 Aug 2026 11:19:58 GMT.
1Y average
0.002384
median 0.002323
1Y low
0.001899
Jan 7, 2026
1Y high
0.003346
Aug 24, 2025
Normal band
0.002056–0.002712
mean ± 1 std dev
Deviation from mean
-0.15σ
363 observations
Coal to Cobalt ratio charts
Pick a range once — it applies to the COAL/COB ratio line, the OHLC candles and the Coal / Cobalt price chart below.
COAL/COB ratio line
How many T of Cobalt one T of Coal buys, over 1Y.
COAL/COB ratio candles
Open, high, low and close of the COAL/COB ratio for each period in the last 1Y.
Coal 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 coal to cobalt ratio
Coal to Cobalt ratio = Coal 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: $131.50 ÷ $56,290.00 = 0.002336. The inverse is 428.1.
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 coal to cobalt ratio today?
The coal to cobalt ratio is 0.002336 — Coal at $131.50 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the coal to cobalt ratio?
Divide the coal 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 coal.
What is the inverse of the coal to cobalt ratio?
The inverse, cobalt to coal, is 428.1 — how many Metric Tons of coal one Metric Ton of cobalt buys.