Commodity ratio · live

Palm Oil to Cobalt Ratio

The palm oil to cobalt ratio is 0.08915 Palm Oil at $5,018.00 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton.

Prices as of Aug 24, 2026, 10:26 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Palm Oil to Cobalt ratio

0.08915-32.11% / 1Y

1.000 T of palm oil = 0.08915 T of cobalt

Inverse (COB/PO): 11.22 — one Metric Ton of cobalt buys that much palm oil.

Above its 1 year average. (84th percentile of the last 1 year)

Palm Oil

MYR5,018.00

per Metric Ton

Cobalt

$56,290.00

per Metric Ton

Unit basis: MYR per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per Metric Ton of palm oil. Prices as of Mon, 24 Aug 2026 10:26:14 GMT.

These two commodities are quoted in different currencies (MYR and USD). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

0.08695

median 0.08126

1Y low

0.07067

Jan 15, 2026

1Y high

0.1370

Aug 24, 2025

Normal band

0.07001–0.1039

mean ± 1 std dev

Deviation from mean

+0.13σ

336 observations

Palm Oil to Cobalt ratio charts

Pick a range once — it applies to the PO/COB ratio line, the OHLC candles and the Palm Oil / Cobalt price chart below.

PO/COB ratio line

How many T of Cobalt one T of Palm Oil buys, over 1Y.

PO/COB ratio candles

Open, high, low and close of the PO/COB ratio for each period in the last 1Y.

Palm Oil 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 palm oil to cobalt ratio

Palm Oil to Cobalt ratio = Palm Oil 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 palm oil — rather than a plain count.

Worked example, live prices: $5,018.00 ÷ $56,290.00 = 0.08915. The inverse is 11.22.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the palm oil to cobalt ratio today?

The palm oil to cobalt ratio is 0.08915 — Palm Oil at $5,018.00 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.

How do you calculate the palm oil to cobalt ratio?

Divide the palm oil 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 palm oil.

What is the inverse of the palm oil to cobalt ratio?

The inverse, cobalt to palm oil, is 11.22 — how many Metric Tons of palm oil one Metric Ton of cobalt buys.

Palm Oil to Cobalt Ratio — 0.08915 Today | CommodityPriceAPI