Commodity ratio · live
Cobalt to Neodymium Ratio
The cobalt to neodymium ratio is 0.05910 — Cobalt at $56,290.00 per Metric Ton divided by Neodymium at $952,500.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:18 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cobalt to Neodymium ratio
1.000 T of cobalt = 0.05910 T of neodymium
Inverse (NDYM/COB): 16.92 — one Metric Ton of neodymium buys that much cobalt.
Close to the middle of its 1 year range. (63th percentile of the last 1 year)
Cobalt
$56,290.00
per Metric Ton
Neodymium
$952,500.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of neodymium per Metric Ton of cobalt. Prices as of Mon, 24 Aug 2026 11:18:48 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
0.05863
median 0.05773
1Y low
0.04167
Aug 25, 2025
1Y high
0.07482
Jan 7, 2026
Normal band
0.04980–0.06746
mean ± 1 std dev
Deviation from mean
+0.05σ
352 observations
Cobalt to Neodymium ratio charts
Pick a range once — it applies to the COB/NDYM ratio line, the OHLC candles and the Cobalt / Neodymium price chart below.
COB/NDYM ratio line
How many T of Neodymium one T of Cobalt buys, over 1Y.
COB/NDYM ratio candles
Open, high, low and close of the COB/NDYM ratio for each period in the last 1Y.
Cobalt and Neodymium 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 neodymium ratio
Cobalt to Neodymium ratio = Cobalt price per Metric Ton ÷ Neodymium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of neodymium per Metric Ton of cobalt — rather than a plain count.
Worked example, live prices: $56,290.00 ÷ $952,500.00 = 0.05910. The inverse is 16.92.
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 neodymium ratio today?
The cobalt to neodymium ratio is 0.05910 — Cobalt at $56,290.00 per Metric Ton divided by Neodymium at $952,500.00 per Metric Ton, from live mid-market prices.
How do you calculate the cobalt to neodymium ratio?
Divide the cobalt price per Metric Ton by the neodymium 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 neodymium per Metric Ton of cobalt.
What is the inverse of the cobalt to neodymium ratio?
The inverse, neodymium to cobalt, is 16.92 — how many Metric Tons of cobalt one Metric Ton of neodymium buys.