Commodity ratio · live
Cobalt to Milk Ratio
The cobalt to milk ratio is 3385 — Cobalt at $56,290.00 per Metric Ton divided by Milk at $16.63 per Hundredweight.
Prices as of Aug 24, 2026, 12:12 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cobalt to Milk ratio
1.000 T of cobalt = 3,384.8 Cwt of milk
Inverse (MILK/COB): 0.0002954 — one Hundredweight of milk buys that much cobalt.
Close to the middle of its 1 year range. (56th percentile of the last 1 year)
Cobalt
$56,290.00
per Metric Ton
Milk
$16.63
per Hundredweight
Unit basis: USD per Metric Ton ÷ USD per Hundredweight. The ratio reads as Hundredweights of milk per Metric Ton of cobalt. Prices as of Mon, 24 Aug 2026 12:12:49 GMT.
1Y average
3187
median 3343
1Y low
1860
Aug 31, 2025
1Y high
3853
Feb 2, 2026
Normal band
2627–3747
mean ± 1 std dev
Deviation from mean
+0.35σ
362 observations
Cobalt to Milk ratio charts
Pick a range once — it applies to the COB/MILK ratio line, the OHLC candles and the Cobalt / Milk price chart below.
COB/MILK ratio line
How many Cwt of Milk one T of Cobalt buys, over 1Y.
COB/MILK ratio candles
Open, high, low and close of the COB/MILK ratio for each period in the last 1Y.
Cobalt and Milk 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 milk ratio
Cobalt to Milk ratio = Cobalt price per Metric Ton ÷ Milk price per Hundredweight
The two legs use different units, so the result is a rate — Hundredweights of milk per Metric Ton of cobalt — rather than a plain count.
Worked example, live prices: $56,290.00 ÷ $16.63 = 3385. The inverse is 0.0002954.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the cobalt to milk ratio today?
The cobalt to milk ratio is 3385 — Cobalt at $56,290.00 per Metric Ton divided by Milk at $16.63 per Hundredweight, from live mid-market prices.
How do you calculate the cobalt to milk ratio?
Divide the cobalt price per Metric Ton by the milk price per Hundredweight. If the two units differ, the result is a rate rather than a plain count — read it as Hundredweights of milk per Metric Ton of cobalt.
What is the inverse of the cobalt to milk ratio?
The inverse, milk to cobalt, is 0.0002954 — how many Metric Tons of cobalt one Hundredweight of milk buys.