Commodity ratio · live
Cobalt to Lead Futures Ratio
The cobalt to lead futures ratio is 29.47 — Cobalt at $56,290.00 per Metric Ton divided by Lead Futures at $1,909.88 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 Lead Futures ratio
1.000 T of cobalt = 29.473 T of lead futures
Inverse (LEAD-FUT/COB): 0.03393 — one Metric Ton of lead futures buys that much cobalt.
Above its 1 year average. (80th percentile of the last 1 year)
Cobalt
$56,290.00
per Metric Ton
Lead Futures
$1,909.88
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of lead futures per Metric Ton of cobalt. Prices as of Mon, 24 Aug 2026 10:29:33 GMT.
1Y average
26.68
median 28.41
1Y low
16.49
Sep 7, 2025
1Y high
30.40
Jul 15, 2026
Normal band
22.97–30.39
mean ± 1 std dev
Deviation from mean
+0.75σ
347 observations
Cobalt to Lead Futures ratio charts
Pick a range once — it applies to the COB/LEAD-FUT ratio line, the OHLC candles and the Cobalt / Lead Futures price chart below.
COB/LEAD-FUT ratio line
How many T of Lead Futures one T of Cobalt buys, over 1Y.
COB/LEAD-FUT ratio candles
Open, high, low and close of the COB/LEAD-FUT ratio for each period in the last 1Y.
Cobalt and Lead 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 lead futures ratio
Cobalt to Lead Futures ratio = Cobalt price per Metric Ton ÷ Lead 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 ÷ $1,909.88 = 29.47. The inverse is 0.03393.
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 lead futures ratio today?
The cobalt to lead futures ratio is 29.47 — Cobalt at $56,290.00 per Metric Ton divided by Lead Futures at $1,909.88 per Metric Ton, from live mid-market prices.
How do you calculate the cobalt to lead futures ratio?
Divide the cobalt price per Metric Ton by the lead 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 lead futures per Metric Ton of cobalt.
What is the inverse of the cobalt to lead futures ratio?
The inverse, lead futures to cobalt, is 0.03393 — how many Metric Tons of cobalt one Metric Ton of lead futures buys.