Commodity ratio · live
Cobalt to Aluminium Futures Ratio
The cobalt to aluminium futures ratio is 17.38 — Cobalt at $56,290.00 per Metric Ton divided by Aluminium Futures at $3,239.70 per Metric Ton.
Prices as of Aug 24, 2026, 11:30 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cobalt to Aluminium Futures ratio
1.000 T of cobalt = 17.375 T of aluminium futures
Inverse (AL-FUT/COB): 0.05755 — one Metric Ton of aluminium futures buys that much cobalt.
Close to the middle of its 1 year range. (61th percentile of the last 1 year)
Cobalt
$56,290.00
per Metric Ton
Aluminium Futures
$3,239.70
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of aluminium futures per Metric Ton of cobalt. Prices as of Mon, 24 Aug 2026 11:30:33 GMT.
1Y average
16.64
median 17.05
1Y low
12.26
Sep 14, 2025
1Y high
18.69
Feb 6, 2026
Normal band
15.12–18.15
mean ± 1 std dev
Deviation from mean
+0.49σ
347 observations
Cobalt to Aluminium Futures ratio charts
Pick a range once — it applies to the COB/AL-FUT ratio line, the OHLC candles and the Cobalt / Aluminium Futures price chart below.
COB/AL-FUT ratio line
How many T of Aluminium Futures one T of Cobalt buys, over 1Y.
COB/AL-FUT ratio candles
Open, high, low and close of the COB/AL-FUT ratio for each period in the last 1Y.
Cobalt and Aluminium Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the cobalt to aluminium futures ratio
Cobalt to Aluminium Futures ratio = Cobalt price per Metric Ton ÷ Aluminium Futures 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: $56,290.00 ÷ $3,239.70 = 17.38. The inverse is 0.05755.
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 cobalt to aluminium futures ratio today?
The cobalt to aluminium futures ratio is 17.38 — Cobalt at $56,290.00 per Metric Ton divided by Aluminium Futures at $3,239.70 per Metric Ton, from live mid-market prices.
How do you calculate the cobalt to aluminium futures ratio?
Divide the cobalt price per Metric Ton by the aluminium futures 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 aluminium futures per Metric Ton of cobalt.
What is the inverse of the cobalt to aluminium futures ratio?
The inverse, aluminium futures to cobalt, is 0.05755 — how many Metric Tons of cobalt one Metric Ton of aluminium futures buys.