Commodity ratio · live
Hides to Cobalt Ratio
The hides to cobalt ratio is 0.001007 — Hides at $56.69 per Pound divided by Cobalt at $56,290.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:22 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Hides to Cobalt ratio
1.000 lbs of hides = 0.001007 T of cobalt
Inverse (COB/HIDE): 992.9 — one Metric Ton of cobalt buys that much hides.
Hides
¢56.69
per Pound
Cobalt
$56,290.00
per Metric Ton
Unit basis: US Cents per Pound ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per Pound of hides. Prices as of Mon, 24 Aug 2026 10:22:50 GMT.
These two commodities are quoted in different currencies (US Cents and USD). The figure above is a raw quote ratio and is not FX-adjusted.
Hides to Cobalt ratio charts
Pick a range once — it applies to the HIDE/COB ratio line, the OHLC candles and the Hides / Cobalt price chart below.
HIDE/COB ratio line
How many T of Cobalt one lbs of Hides buys, over 1Y.
No overlapping history for HIDE/COB over 1Y. Try a longer range.
HIDE/COB ratio candles
Open, high, low and close of the HIDE/COB ratio for each period in the last 1Y.
No overlapping history for HIDE/COB over 1Y. Try a longer range.
Hides 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 hides to cobalt ratio
Hides to Cobalt ratio = Hides price per Pound ÷ Cobalt price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of cobalt per Pound of hides — rather than a plain count.
Worked example, live prices: $56.69 ÷ $56,290.00 = 0.001007. The inverse is 992.9.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the hides to cobalt ratio today?
The hides to cobalt ratio is 0.001007 — Hides at $56.69 per Pound divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the hides to cobalt ratio?
Divide the hides price per Pound 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 Pound of hides.
What is the inverse of the hides to cobalt ratio?
The inverse, cobalt to hides, is 992.9 — how many Pounds of hides one Metric Ton of cobalt buys.