Commodity ratio · live
Cobalt to Butter Ratio
The cobalt to butter ratio is 12.94 — Cobalt at $56,290.00 per Metric Ton divided by Butter at $4,350.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cobalt to Butter ratio
1.000 T of cobalt = 12.940 T of butter
Inverse (BUTTER/COB): 0.07728 — one Metric Ton of butter buys that much cobalt.
Close to the middle of its 1 year range. (52th percentile of the last 1 year)
Cobalt
$56,290.00
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 cobalt. Prices as of Mon, 24 Aug 2026 10:29:10 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
11.80
median 12.93
1Y low
4.849
Aug 24, 2025
1Y high
14.72
Jun 29, 2026
Normal band
8.970–14.64
mean ± 1 std dev
Deviation from mean
+0.40σ
363 observations
Cobalt to Butter ratio charts
Pick a range once — it applies to the COB/BUTTER ratio line, the OHLC candles and the Cobalt / Butter price chart below.
COB/BUTTER ratio line
How many T of Butter one T of Cobalt buys, over 1Y.
COB/BUTTER ratio candles
Open, high, low and close of the COB/BUTTER ratio for each period in the last 1Y.
Cobalt 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 cobalt to butter ratio
Cobalt to Butter ratio = Cobalt 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 cobalt — rather than a plain count.
Worked example, live prices: $56,290.00 ÷ $4,350.00 = 12.94. The inverse is 0.07728.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the cobalt to butter ratio today?
The cobalt to butter ratio is 12.94 — Cobalt at $56,290.00 per Metric Ton divided by Butter at $4,350.00 per Metric Ton, from live mid-market prices.
How do you calculate the cobalt to butter ratio?
Divide the cobalt 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 cobalt.
What is the inverse of the cobalt to butter ratio?
The inverse, butter to cobalt, is 0.07728 — how many Metric Tons of cobalt one Metric Ton of butter buys.