Cocoa Is More Expensive Than Copper as It Tops $9,000
Cocoa Is More Expensive Than Copper as It Tops $9,000
Cocoa extended its surge — gaining more than $700 per ton in a single day and surpassing $9,000 for the first time ever — as a supply crunch grips the market and chocolate makers grapple for beans.
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$9,000 per metric ton. So... $0.2551 per ounce. :)
Copper is $8,300 per metric ton or $0.2353 per ounce.
And yeah, 35,274 ounces in a metric ton. :)
How much is that in football fields?
About 10 screaming eagles per 5.72
A football field is 57,600 square feet, so if you took 35,274 ounces of cocoa and spread it over 57,600 square feet, you'd get 0.6124 ounces per square foot.
You would also ruin the cocoa.
And how many cubic Smoots?
A friend of mine growing up was a Smoot, it was always fun walking across the bridge. The numbers are regularly repainted and the repainting was also done by the city when resurfacing the bridge in the 80s.... lastly it can't be understated how hilarious it is that the man who was a measurement went on to be a chairman of ANSI and president of the ISO.
You just learned me something. Thanks for posting this.
My pleasure 😁
$9,000 per metric ton. So 9$ per kg.
Copper is $8.3 per kg.Thank you metric for not being a pain in the ass