Commodity ratio · live
Lamb to Cobalt Ratio
The lamb to cobalt ratio is 0.01202 — Lamb at $676.41 per Kilogram divided by Cobalt at $56,290.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:03 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lamb to Cobalt ratio
1.000 kg of lamb = 0.01202 T of cobalt
Inverse (COB/LAMB): 83.22 — one Metric Ton of cobalt buys that much lamb.
Above its 1 year average. (85th percentile of the last 1 year)
Lamb
$676.41
per Kilogram
Cobalt
$56,290.00
per Metric Ton
Unit basis: USD per Kilogram ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per Kilogram of lamb. Prices as of Mon, 24 Aug 2026 11:03:40 GMT.
1Y average
0.01200
median 0.01200
1Y low
0.01195
Aug 5, 2026
1Y high
0.01204
Aug 7, 2026
Normal band
0.01198–0.01202
mean ± 1 std dev
Deviation from mean
+0.77σ
13 observations
Lamb to Cobalt ratio charts
Pick a range once — it applies to the LAMB/COB ratio line, the OHLC candles and the Lamb / Cobalt price chart below.
LAMB/COB ratio line
How many T of Cobalt one kg of Lamb buys, over 1Y.
LAMB/COB ratio candles
Open, high, low and close of the LAMB/COB ratio for each period in the last 1Y.
Lamb 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 lamb to cobalt ratio
Lamb to Cobalt ratio = Lamb price per Kilogram ÷ Cobalt price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of cobalt per Kilogram of lamb — rather than a plain count.
Worked example, live prices: $676.41 ÷ $56,290.00 = 0.01202. The inverse is 83.22.
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 lamb to cobalt ratio today?
The lamb to cobalt ratio is 0.01202 — Lamb at $676.41 per Kilogram divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the lamb to cobalt ratio?
Divide the lamb price per Kilogram 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 Kilogram of lamb.
What is the inverse of the lamb to cobalt ratio?
The inverse, cobalt to lamb, is 83.22 — how many Kilograms of lamb one Metric Ton of cobalt buys.