Commodity ratio · live
Fish Meal to Cobalt Ratio
The fish meal to cobalt ratio is 0.03633 — Fish Meal at $2,044.75 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton.
Prices as of Aug 24, 2026, 12:11 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Fish Meal to Cobalt ratio
1.000 T of fish meal = 0.03633 T of cobalt
Inverse (COB/FM): 27.53 — one Metric Ton of cobalt buys that much fish meal.
Fish Meal
$2,044.75
per Metric Ton
Cobalt
$56,290.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per Metric Ton of fish meal. Prices as of Mon, 24 Aug 2026 12:11:22 GMT.
Fish Meal to Cobalt ratio charts
Pick a range once — it applies to the FM/COB ratio line, the OHLC candles and the Fish Meal / Cobalt price chart below.
FM/COB ratio line
How many T of Cobalt one T of Fish Meal buys, over 1Y.
No overlapping history for FM/COB over 1Y. Try a longer range.
FM/COB ratio candles
Open, high, low and close of the FM/COB ratio for each period in the last 1Y.
No overlapping history for FM/COB over 1Y. Try a longer range.
Fish Meal and Cobalt prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the fish meal to cobalt ratio
Fish Meal to Cobalt ratio = Fish Meal price per Metric Ton ÷ Cobalt price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $2,044.75 ÷ $56,290.00 = 0.03633. The inverse is 27.53.
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 fish meal to cobalt ratio today?
The fish meal to cobalt ratio is 0.03633 — Fish Meal at $2,044.75 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the fish meal to cobalt ratio?
Divide the fish meal price per Metric Ton by the cobalt 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 cobalt per Metric Ton of fish meal.
What is the inverse of the fish meal to cobalt ratio?
The inverse, cobalt to fish meal, is 27.53 — how many Metric Tons of fish meal one Metric Ton of cobalt buys.