Commodity ratio · live
Cobalt to Lumber Futures Ratio
The cobalt to lumber futures ratio is 98.14 — Cobalt at $56,290.00 per Metric Ton divided by Lumber Futures at $573.54 per Thousand Board Feet.
Prices as of Aug 24, 2026, 11:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cobalt to Lumber Futures ratio
1.000 T of cobalt = 98.145 Mbf of lumber futures
Inverse (LB-FUT/COB): 0.01019 — one Thousand Board Feet of lumber futures buys that much cobalt.
Above its 1 year average. (87th percentile of the last 1 year)
Cobalt
$56,290.00
per Metric Ton
Lumber Futures
$573.54
per Thousand Board Feet
Unit basis: USD per Metric Ton ÷ USD per Thousand Board Feet. The ratio reads as Thousand Board Feets of lumber futures per Metric Ton of cobalt. Prices as of Mon, 24 Aug 2026 11:27:48 GMT.
1Y average
89.35
median 93.82
1Y low
55.10
Aug 25, 2025
1Y high
107.5
Jan 8, 2026
Normal band
77.00–101.7
mean ± 1 std dev
Deviation from mean
+0.71σ
337 observations
Cobalt to Lumber Futures ratio charts
Pick a range once — it applies to the COB/LB-FUT ratio line, the OHLC candles and the Cobalt / Lumber Futures price chart below.
COB/LB-FUT ratio line
How many Mbf of Lumber Futures one T of Cobalt buys, over 1Y.
COB/LB-FUT ratio candles
Open, high, low and close of the COB/LB-FUT ratio for each period in the last 1Y.
Cobalt and Lumber 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 lumber futures ratio
Cobalt to Lumber Futures ratio = Cobalt price per Metric Ton ÷ Lumber Futures price per Thousand Board Feet
The two legs use different units, so the result is a rate — Thousand Board Feets of lumber futures per Metric Ton of cobalt — rather than a plain count.
Worked example, live prices: $56,290.00 ÷ $573.54 = 98.14. The inverse is 0.01019.
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 lumber futures ratio today?
The cobalt to lumber futures ratio is 98.14 — Cobalt at $56,290.00 per Metric Ton divided by Lumber Futures at $573.54 per Thousand Board Feet, from live mid-market prices.
How do you calculate the cobalt to lumber futures ratio?
Divide the cobalt price per Metric Ton by the lumber futures price per Thousand Board Feet. If the two units differ, the result is a rate rather than a plain count — read it as Thousand Board Feets of lumber futures per Metric Ton of cobalt.
What is the inverse of the cobalt to lumber futures ratio?
The inverse, lumber futures to cobalt, is 0.01019 — how many Metric Tons of cobalt one Thousand Board Feet of lumber futures buys.