Commodity ratio · live
Iron Ore 62% FE to Cobalt Ratio
The iron ore 62% fe to cobalt ratio is 0.001693 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton.
Prices as of Aug 24, 2026, 12:12 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore 62% FE to Cobalt ratio
1.000 T of iron ore 62% fe = 0.001693 T of cobalt
Inverse (COB/TIOC): 590.8 — one Metric Ton of cobalt buys that much iron ore 62% fe.
Near the bottom of its 1 year range — historically compressed. (6th percentile of the last 1 year)
Iron Ore 62% FE
$95.28
per Metric Ton
Cobalt
$56,290.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per Metric Ton of iron ore 62% fe. Prices as of Mon, 24 Aug 2026 12:12:46 GMT.
1Y average
0.002067
median 0.001913
1Y low
0.001664
Aug 4, 2026
1Y high
0.003182
Sep 9, 2025
Normal band
0.001667–0.002467
mean ± 1 std dev
Deviation from mean
-0.94σ
203 observations
Iron Ore 62% FE to Cobalt ratio charts
Pick a range once — it applies to the TIOC/COB ratio line, the OHLC candles and the Iron Ore 62% FE / Cobalt price chart below.
TIOC/COB ratio line
How many T of Cobalt one T of Iron Ore 62% FE buys, over 1Y.
TIOC/COB ratio candles
Open, high, low and close of the TIOC/COB ratio for each period in the last 1Y.
Iron Ore 62% FE 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 iron ore 62% fe to cobalt ratio
Iron Ore 62% FE to Cobalt ratio = Iron Ore 62% FE price per Metric Ton ÷ Cobalt price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $95.28 ÷ $56,290.00 = 0.001693. The inverse is 590.8.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the iron ore 62% fe to cobalt ratio today?
The iron ore 62% fe to cobalt ratio is 0.001693 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the iron ore 62% fe to cobalt ratio?
Divide the iron ore 62% fe 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 iron ore 62% fe.
What is the inverse of the iron ore 62% fe to cobalt ratio?
The inverse, cobalt to iron ore 62% fe, is 590.8 — how many Metric Tons of iron ore 62% fe one Metric Ton of cobalt buys.