Commodity ratio · live
Steel to Cocoa Ratio
The steel to cocoa ratio is 0.5176 — Steel at $3,066.00 per Metric Ton divided by Cocoa at $5,923.18 per Metric Ton.
Prices as of Aug 24, 2026, 11:20 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Steel to Cocoa ratio
1.000 T of steel = 0.5176 T of cocoa
Inverse (CC/STEEL): 1.932 — one Metric Ton of cocoa buys that much steel.
Below its 1 year average. (29th percentile of the last 1 year)
Steel
¥3,066.00
per Metric Ton
Cocoa
$5,923.18
per Metric Ton
Unit basis: CNY per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of cocoa per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 11:20:37 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
11.38
median 0.5971
1Y low
0.3847
Aug 24, 2025
1Y high
3414
Nov 25, 2025
Normal band
0.000–202.1
mean ± 1 std dev
Deviation from mean
-0.06σ
318 observations
Steel to Cocoa ratio charts
Pick a range once — it applies to the STEEL/CC ratio line, the OHLC candles and the Steel / Cocoa price chart below.
STEEL/CC ratio line
How many T of Cocoa one T of Steel buys, over 1Y.
STEEL/CC ratio candles
Open, high, low and close of the STEEL/CC ratio for each period in the last 1Y.
Steel and Cocoa prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the steel to cocoa ratio
Steel to Cocoa ratio = Steel price per Metric Ton ÷ Cocoa price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of cocoa per Metric Ton of steel — rather than a plain count.
Worked example, live prices: $3,066.00 ÷ $5,923.18 = 0.5176. The inverse is 1.932.
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 steel to cocoa ratio today?
The steel to cocoa ratio is 0.5176 — Steel at $3,066.00 per Metric Ton divided by Cocoa at $5,923.18 per Metric Ton, from live mid-market prices.
How do you calculate the steel to cocoa ratio?
Divide the steel price per Metric Ton by the cocoa 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 cocoa per Metric Ton of steel.
What is the inverse of the steel to cocoa ratio?
The inverse, cocoa to steel, is 1.932 — how many Metric Tons of steel one Metric Ton of cocoa buys.