Commodity ratio · live
Cobalt to Lithium Ratio
The cobalt to lithium ratio is 0.3507 — Cobalt at $56,290.00 per Metric Ton divided by Lithium at $160,500.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:17 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cobalt to Lithium ratio
1.000 T of cobalt = 0.3507 T of lithium
Inverse (LC/COB): 2.851 — one Metric Ton of lithium buys that much cobalt.
Below its 1 year average. (27th percentile of the last 1 year)
Cobalt
$56,290.00
per Metric Ton
Lithium
¥160,500.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of lithium per Metric Ton of cobalt. Prices as of Mon, 24 Aug 2026 11:17:39 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.4157
median 0.3810
1Y low
0.2773
May 12, 2026
1Y high
0.6564
Oct 19, 2025
Normal band
0.3233–0.5081
mean ± 1 std dev
Deviation from mean
-0.70σ
362 observations
Cobalt to Lithium ratio charts
Pick a range once — it applies to the COB/LC ratio line, the OHLC candles and the Cobalt / Lithium price chart below.
COB/LC ratio line
How many T of Lithium one T of Cobalt buys, over 1Y.
COB/LC ratio candles
Open, high, low and close of the COB/LC ratio for each period in the last 1Y.
Cobalt and Lithium 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 lithium ratio
Cobalt to Lithium ratio = Cobalt price per Metric Ton ÷ Lithium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of lithium per Metric Ton of cobalt — rather than a plain count.
Worked example, live prices: $56,290.00 ÷ $160,500.00 = 0.3507. The inverse is 2.851.
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 lithium ratio today?
The cobalt to lithium ratio is 0.3507 — Cobalt at $56,290.00 per Metric Ton divided by Lithium at $160,500.00 per Metric Ton, from live mid-market prices.
How do you calculate the cobalt to lithium ratio?
Divide the cobalt price per Metric Ton by the lithium 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 lithium per Metric Ton of cobalt.
What is the inverse of the cobalt to lithium ratio?
The inverse, lithium to cobalt, is 2.851 — how many Metric Tons of cobalt one Metric Ton of lithium buys.