Commodity ratio · live
Polyethylene to Cobalt Ratio
The polyethylene to cobalt ratio is 0.1389 — Polyethylene at $7,818.00 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton.
Prices as of Aug 24, 2026, 12:09 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Polyethylene to Cobalt ratio
1.000 T of polyethylene = 0.1389 T of cobalt
Inverse (COB/POL): 7.200 — one Metric Ton of cobalt buys that much polyethylene.
Close to the middle of its 1 year range. (42th percentile of the last 1 year)
Polyethylene
¥7,818.00
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 polyethylene. Prices as of Mon, 24 Aug 2026 12:09:52 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
0.1457
median 0.1401
1Y low
0.1147
Jan 7, 2026
1Y high
0.2212
Aug 24, 2025
Normal band
0.1176–0.1737
mean ± 1 std dev
Deviation from mean
-0.24σ
341 observations
Polyethylene to Cobalt ratio charts
Pick a range once — it applies to the POL/COB ratio line, the OHLC candles and the Polyethylene / Cobalt price chart below.
POL/COB ratio line
How many T of Cobalt one T of Polyethylene buys, over 1Y.
POL/COB ratio candles
Open, high, low and close of the POL/COB ratio for each period in the last 1Y.
Polyethylene 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 polyethylene to cobalt ratio
Polyethylene to Cobalt ratio = Polyethylene 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 polyethylene — rather than a plain count.
Worked example, live prices: $7,818.00 ÷ $56,290.00 = 0.1389. The inverse is 7.200.
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 polyethylene to cobalt ratio today?
The polyethylene to cobalt ratio is 0.1389 — Polyethylene at $7,818.00 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the polyethylene to cobalt ratio?
Divide the polyethylene 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 polyethylene.
What is the inverse of the polyethylene to cobalt ratio?
The inverse, cobalt to polyethylene, is 7.200 — how many Metric Tons of polyethylene one Metric Ton of cobalt buys.