Commodity ratio · live
Lithium to Cobalt Ratio
The lithium to cobalt ratio is 2.851 — Lithium at $160,500.00 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:17 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lithium to Cobalt ratio
1.000 T of lithium = 2.851 T of cobalt
Inverse (COB/LC): 0.3507 — one Metric Ton of cobalt buys that much lithium.
Above its 1 year average. (74th percentile of the last 1 year)
Lithium
¥160,500.00
per Metric Ton
Cobalt
$56,290.00
per Metric Ton
Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per Metric Ton of lithium. Prices as of Mon, 24 Aug 2026 11:17:42 GMT.
These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
2.514
median 2.625
1Y low
1.524
Oct 19, 2025
1Y high
3.606
May 12, 2026
Normal band
2.016–3.013
mean ± 1 std dev
Deviation from mean
+0.68σ
362 observations
Lithium to Cobalt ratio charts
Pick a range once — it applies to the LC/COB ratio line, the OHLC candles and the Lithium / Cobalt price chart below.
LC/COB ratio line
How many T of Cobalt one T of Lithium buys, over 1Y.
LC/COB ratio candles
Open, high, low and close of the LC/COB ratio for each period in the last 1Y.
Lithium 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 lithium to cobalt ratio
Lithium to Cobalt ratio = Lithium price per Metric Ton ÷ Cobalt price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of cobalt per Metric Ton of lithium — rather than a plain count.
Worked example, live prices: $160,500.00 ÷ $56,290.00 = 2.851. The inverse is 0.3507.
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 lithium to cobalt ratio today?
The lithium to cobalt ratio is 2.851 — Lithium at $160,500.00 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the lithium to cobalt ratio?
Divide the lithium 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 lithium.
What is the inverse of the lithium to cobalt ratio?
The inverse, cobalt to lithium, is 0.3507 — how many Metric Tons of lithium one Metric Ton of cobalt buys.