Commodity ratio · live
Soybean Oil to Cobalt Ratio
The soybean oil to cobalt ratio is 0.00001206 — Soybean Oil at $0.6787 per Pound 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.
Soybean Oil to Cobalt ratio
1.000 Lb of soybean oil = 0.00001206 T of cobalt
Inverse (COB/ZL): 82938 — one Metric Ton of cobalt buys that much soybean oil.
Close to the middle of its 1 year range. (57th percentile of the last 1 year)
Soybean Oil
¢0.6787
per Pound
Cobalt
$56,290.00
per Metric Ton
Unit basis: US Cent per Pound ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per Pound of soybean oil. Prices as of Mon, 24 Aug 2026 12:12:00 GMT.
1Y average
0.00001185
median 0.00001194
1Y low
0.000008714
Jan 8, 2026
1Y high
0.00001673
Aug 25, 2025
Normal band
0.00001010–0.00001361
mean ± 1 std dev
Deviation from mean
+0.12σ
250 observations
Soybean Oil to Cobalt ratio charts
Pick a range once — it applies to the ZL/COB ratio line, the OHLC candles and the Soybean Oil / Cobalt price chart below.
ZL/COB ratio line
How many T of Cobalt one Lb of Soybean Oil buys, over 1Y.
ZL/COB ratio candles
Open, high, low and close of the ZL/COB ratio for each period in the last 1Y.
Soybean 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 soybean oil to cobalt ratio
Soybean Oil to Cobalt ratio = Soybean Oil price per Pound ÷ Cobalt price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of cobalt per Pound of soybean oil — rather than a plain count.
Worked example, live prices: $0.6787 ÷ $56,290.00 = 0.00001206. The inverse is 82938.
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 soybean oil to cobalt ratio today?
The soybean oil to cobalt ratio is 0.00001206 — Soybean Oil at $0.6787 per Pound divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the soybean oil to cobalt ratio?
Divide the soybean oil price per Pound 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 Pound of soybean oil.
What is the inverse of the soybean oil to cobalt ratio?
The inverse, cobalt to soybean oil, is 82938 — how many Pounds of soybean oil one Metric Ton of cobalt buys.