Commodity ratio · live
Neodymium to Cobalt Ratio
The neodymium to cobalt ratio is 16.92 — Neodymium at $952,500.00 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:18 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Neodymium to Cobalt ratio
1.000 T of neodymium = 16.921 T of cobalt
Inverse (COB/NDYM): 0.05910 — one Metric Ton of cobalt buys that much neodymium.
Close to the middle of its 1 year range. (38th percentile of the last 1 year)
Neodymium
$952,500.00
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 neodymium. Prices as of Mon, 24 Aug 2026 11:18:49 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
17.47
median 17.32
1Y low
13.37
Jan 7, 2026
1Y high
24.00
Aug 25, 2025
Normal band
14.71–20.23
mean ± 1 std dev
Deviation from mean
-0.20σ
352 observations
Neodymium to Cobalt ratio charts
Pick a range once — it applies to the NDYM/COB ratio line, the OHLC candles and the Neodymium / Cobalt price chart below.
NDYM/COB ratio line
How many T of Cobalt one T of Neodymium buys, over 1Y.
NDYM/COB ratio candles
Open, high, low and close of the NDYM/COB ratio for each period in the last 1Y.
Neodymium 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 neodymium to cobalt ratio
Neodymium to Cobalt ratio = Neodymium 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 neodymium — rather than a plain count.
Worked example, live prices: $952,500.00 ÷ $56,290.00 = 16.92. The inverse is 0.05910.
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 neodymium to cobalt ratio today?
The neodymium to cobalt ratio is 16.92 — Neodymium at $952,500.00 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the neodymium to cobalt ratio?
Divide the neodymium 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 neodymium.
What is the inverse of the neodymium to cobalt ratio?
The inverse, cobalt to neodymium, is 0.05910 — how many Metric Tons of neodymium one Metric Ton of cobalt buys.