Commodity ratio · live
Lumber Futures to Cobalt Ratio
The lumber futures to cobalt ratio is 0.01019 — Lumber Futures at $573.54 per Thousand Board Feet divided by Cobalt at $56,290.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lumber Futures to Cobalt ratio
1.000 Mbf of lumber futures = 0.01019 T of cobalt
Inverse (COB/LB-FUT): 98.14 — one Metric Ton of cobalt buys that much lumber futures.
Below its 1 year average. (13th percentile of the last 1 year)
Lumber Futures
$573.54
per Thousand Board Feet
Cobalt
$56,290.00
per Metric Ton
Unit basis: USD per Thousand Board Feet ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per Thousand Board Feet of lumber futures. Prices as of Mon, 24 Aug 2026 11:27:49 GMT.
1Y average
0.01148
median 0.01066
1Y low
0.009300
Jan 8, 2026
1Y high
0.01815
Aug 25, 2025
Normal band
0.009376–0.01358
mean ± 1 std dev
Deviation from mean
-0.61σ
337 observations
Lumber Futures to Cobalt ratio charts
Pick a range once — it applies to the LB-FUT/COB ratio line, the OHLC candles and the Lumber Futures / Cobalt price chart below.
LB-FUT/COB ratio line
How many T of Cobalt one Mbf of Lumber Futures buys, over 1Y.
LB-FUT/COB ratio candles
Open, high, low and close of the LB-FUT/COB ratio for each period in the last 1Y.
Lumber Futures 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 lumber futures to cobalt ratio
Lumber Futures to Cobalt ratio = Lumber Futures price per Thousand Board Feet ÷ Cobalt price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of cobalt per Thousand Board Feet of lumber futures — rather than a plain count.
Worked example, live prices: $573.54 ÷ $56,290.00 = 0.01019. The inverse is 98.14.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the lumber futures to cobalt ratio today?
The lumber futures to cobalt ratio is 0.01019 — Lumber Futures at $573.54 per Thousand Board Feet divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the lumber futures to cobalt ratio?
Divide the lumber futures price per Thousand Board Feet 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 Thousand Board Feet of lumber futures.
What is the inverse of the lumber futures to cobalt ratio?
The inverse, cobalt to lumber futures, is 98.14 — how many Thousand Board Feets of lumber futures one Metric Ton of cobalt buys.