Commodity ratio · live
Cobalt to Cocoa Ratio
The cobalt to cocoa ratio is 9.508 — Cobalt at $56,290.00 per Metric Ton divided by Cocoa at $5,920.12 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.
Cobalt to Cocoa ratio
1.000 T of cobalt = 9.508 T of cocoa
Inverse (CC/COB): 0.1052 — one Metric Ton of cocoa buys that much cobalt.
Close to the middle of its 1 year range. (39th percentile of the last 1 year)
Cobalt
$56,290.00
per Metric Ton
Cocoa
$5,920.12
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of cocoa per Metric Ton of cobalt. Prices as of Mon, 24 Aug 2026 11:15:50 GMT.
1Y average
160.9
median 10.56
1Y low
4.199
Aug 24, 2025
1Y high
53374
Nov 25, 2025
Normal band
0.000–2981
mean ± 1 std dev
Deviation from mean
-0.05σ
357 observations
Cobalt to Cocoa ratio charts
Pick a range once — it applies to the COB/CC ratio line, the OHLC candles and the Cobalt / Cocoa price chart below.
COB/CC ratio line
How many T of Cocoa one T of Cobalt buys, over 1Y.
COB/CC ratio candles
Open, high, low and close of the COB/CC ratio for each period in the last 1Y.
Cobalt and Cocoa 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 cocoa ratio
Cobalt to Cocoa ratio = Cobalt price per Metric Ton ÷ Cocoa 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 ÷ $5,920.12 = 9.508. The inverse is 0.1052.
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 cocoa ratio today?
The cobalt to cocoa ratio is 9.508 — Cobalt at $56,290.00 per Metric Ton divided by Cocoa at $5,920.12 per Metric Ton, from live mid-market prices.
How do you calculate the cobalt to cocoa ratio?
Divide the cobalt price per Metric Ton by the cocoa 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 cocoa per Metric Ton of cobalt.
What is the inverse of the cobalt to cocoa ratio?
The inverse, cocoa to cobalt, is 0.1052 — how many Metric Tons of cobalt one Metric Ton of cocoa buys.