Commodity ratio · live
Cobalt to Polyethylene Ratio
The cobalt to polyethylene ratio is 7.200 — Cobalt at $56,290.00 per Metric Ton divided by Polyethylene at $7,818.00 per Metric Ton.
Prices as of Aug 24, 2026, 12:09 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cobalt to Polyethylene ratio
1.000 T of cobalt = 7.200 T of polyethylene
Inverse (POL/COB): 0.1389 — one Metric Ton of polyethylene buys that much cobalt.
Close to the middle of its 1 year range. (58th percentile of the last 1 year)
Cobalt
$56,290.00
per Metric Ton
Polyethylene
¥7,818.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ CNY per Metric Ton. The ratio reads as Metric Tons of polyethylene per Metric Ton of cobalt. Prices as of Mon, 24 Aug 2026 12:09:14 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
7.077
median 7.137
1Y low
4.521
Aug 24, 2025
1Y high
8.720
Jan 7, 2026
Normal band
5.959–8.195
mean ± 1 std dev
Deviation from mean
+0.11σ
341 observations
Cobalt to Polyethylene ratio charts
Pick a range once — it applies to the COB/POL ratio line, the OHLC candles and the Cobalt / Polyethylene price chart below.
COB/POL ratio line
How many T of Polyethylene one T of Cobalt buys, over 1Y.
COB/POL ratio candles
Open, high, low and close of the COB/POL ratio for each period in the last 1Y.
Cobalt and Polyethylene 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 polyethylene ratio
Cobalt to Polyethylene ratio = Cobalt price per Metric Ton ÷ Polyethylene price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of polyethylene per Metric Ton of cobalt — rather than a plain count.
Worked example, live prices: $56,290.00 ÷ $7,818.00 = 7.200. The inverse is 0.1389.
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 polyethylene ratio today?
The cobalt to polyethylene ratio is 7.200 — Cobalt at $56,290.00 per Metric Ton divided by Polyethylene at $7,818.00 per Metric Ton, from live mid-market prices.
How do you calculate the cobalt to polyethylene ratio?
Divide the cobalt price per Metric Ton by the polyethylene 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 polyethylene per Metric Ton of cobalt.
What is the inverse of the cobalt to polyethylene ratio?
The inverse, polyethylene to cobalt, is 0.1389 — how many Metric Tons of cobalt one Metric Ton of polyethylene buys.