Commodity ratio · live

Cobalt to Wool Ratio

The cobalt to wool ratio is 31.07 Cobalt at $56,290.00 per Metric Ton divided by Wool at $1,812.00 per 100 Kilogram.

Prices as of Aug 24, 2026, 11:16 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Cobalt to Wool ratio

31.07+17.51% / 1Y

1.000 T of cobalt = 31.065 100 Kg of wool

Inverse (WOOL/COB): 0.03219 — one 100 Kilogram of wool buys that much cobalt.

Close to the middle of its 1 year range. (50th percentile of the last 1 year)

Cobalt

$56,290.00

per Metric Ton

Wool

AU$1,812.00

per 100 Kilogram

Unit basis: USD per Metric Ton ÷ AUD per 100 Kilogram. The ratio reads as 100 Kilograms of wool per Metric Ton of cobalt. Prices as of Mon, 24 Aug 2026 11:16:23 GMT.

These two commodities are quoted in different currencies (USD and AUD). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

35.37

median 31.21

1Y low

22.36

Sep 28, 2025

1Y high

562.9

May 4, 2026

Normal band

0.000–83.69

mean ± 1 std dev

Deviation from mean

-0.09σ

362 observations

Cobalt to Wool ratio charts

Pick a range once — it applies to the COB/WOOL ratio line, the OHLC candles and the Cobalt / Wool price chart below.

COB/WOOL ratio line

How many 100 Kg of Wool one T of Cobalt buys, over 1Y.

COB/WOOL ratio candles

Open, high, low and close of the COB/WOOL ratio for each period in the last 1Y.

Cobalt and Wool 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 wool ratio

Cobalt to Wool ratio = Cobalt price per Metric Ton ÷ Wool price per 100 Kilogram

The two legs use different units, so the result is a rate — 100 Kilograms of wool per Metric Ton of cobalt — rather than a plain count.

Worked example, live prices: $56,290.00 ÷ $1,812.00 = 31.07. The inverse is 0.03219.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the cobalt to wool ratio today?

The cobalt to wool ratio is 31.07 — Cobalt at $56,290.00 per Metric Ton divided by Wool at $1,812.00 per 100 Kilogram, from live mid-market prices.

How do you calculate the cobalt to wool ratio?

Divide the cobalt price per Metric Ton by the wool price per 100 Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as 100 Kilograms of wool per Metric Ton of cobalt.

What is the inverse of the cobalt to wool ratio?

The inverse, wool to cobalt, is 0.03219 — how many Metric Tons of cobalt one 100 Kilogram of wool buys.

Cobalt to Wool Ratio — 31.07 Today | CommodityPriceAPI