Commodity ratio · live

Wool to Cobalt Ratio

The wool to cobalt ratio is 0.03219 Wool at $1,812.00 per 100 Kilogram divided by Cobalt at $56,290.00 per Metric Ton.

Prices as of Aug 24, 2026, 11:17 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

100 Kilogram

Wool to Cobalt ratio

0.03219-14.90% / 1Y

1.000 100 Kg of wool = 0.03219 T of cobalt

Inverse (COB/WOOL): 31.07 — one Metric Ton of cobalt buys that much wool.

Close to the middle of its 1 year range. (51th percentile of the last 1 year)

Wool

AU$1,812.00

per 100 Kilogram

Cobalt

$56,290.00

per Metric Ton

Unit basis: AUD per 100 Kilogram ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per 100 Kilogram of wool. Prices as of Mon, 24 Aug 2026 11:17:05 GMT.

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

1Y average

0.03240

median 0.03204

1Y low

0.001777

May 4, 2026

1Y high

0.04471

Sep 28, 2025

Normal band

0.02790–0.03690

mean ± 1 std dev

Deviation from mean

-0.05σ

362 observations

Wool to Cobalt ratio charts

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

WOOL/COB ratio line

How many T of Cobalt one 100 Kg of Wool buys, over 1Y.

WOOL/COB ratio candles

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

Wool 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 wool to cobalt ratio

Wool to Cobalt ratio = Wool price per 100 Kilogram ÷ Cobalt price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of cobalt per 100 Kilogram of wool — rather than a plain count.

Worked example, live prices: $1,812.00 ÷ $56,290.00 = 0.03219. The inverse is 31.07.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the wool to cobalt ratio today?

The wool to cobalt ratio is 0.03219 — Wool at $1,812.00 per 100 Kilogram divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.

How do you calculate the wool to cobalt ratio?

Divide the wool price per 100 Kilogram 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 100 Kilogram of wool.

What is the inverse of the wool to cobalt ratio?

The inverse, cobalt to wool, is 31.07 — how many 100 Kilograms of wool one Metric Ton of cobalt buys.

Wool to Cobalt Ratio — 0.03219 Today | CommodityPriceAPI