Commodity ratio · live

Cobalt to Soybean Oil Ratio

The cobalt to soybean oil ratio is 82938 Cobalt at $56,290.00 per Metric Ton divided by Soybean Oil at $0.6787 per Pound.

Prices as of Aug 24, 2026, 12:11 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Cobalt to Soybean Oil ratio

82938+36.64% / 1Y

1.000 T of cobalt = 82,938 Lb of soybean oil

Inverse (ZL/COB): 0.00001206 — one Pound of soybean oil buys that much cobalt.

Close to the middle of its 1 year range. (43th percentile of the last 1 year)

Cobalt

$56,290.00

per Metric Ton

Soybean Oil

¢0.6787

per Pound

Unit basis: USD per Metric Ton ÷ US Cent per Pound. The ratio reads as Pounds of soybean oil per Metric Ton of cobalt. Prices as of Mon, 24 Aug 2026 12:11:59 GMT.

1Y average

86213

median 83765

1Y low

59762

Aug 25, 2025

1Y high

114760

Jan 8, 2026

Normal band

73626–98800

mean ± 1 std dev

Deviation from mean

-0.26σ

250 observations

Cobalt to Soybean Oil ratio charts

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

COB/ZL ratio line

How many Lb of Soybean Oil one T of Cobalt buys, over 1Y.

COB/ZL ratio candles

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

Cobalt and Soybean Oil 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 soybean oil ratio

Cobalt to Soybean Oil ratio = Cobalt price per Metric Ton ÷ Soybean Oil price per Pound

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

Worked example, live prices: $56,290.00 ÷ $0.6787 = 82938. The inverse is 0.00001206.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the cobalt to soybean oil ratio today?

The cobalt to soybean oil ratio is 82938 — Cobalt at $56,290.00 per Metric Ton divided by Soybean Oil at $0.6787 per Pound, from live mid-market prices.

How do you calculate the cobalt to soybean oil ratio?

Divide the cobalt price per Metric Ton by the soybean oil price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of soybean oil per Metric Ton of cobalt.

What is the inverse of the cobalt to soybean oil ratio?

The inverse, soybean oil to cobalt, is 0.00001206 — how many Metric Tons of cobalt one Pound of soybean oil buys.

Cobalt to Soybean Oil Ratio — 82938 Today | CommodityPriceAPI