A ton of Cocoa is now worth more than a ton of Copper.

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Happy Easter! Cocoa prices surge to a record high above $10,000/metric ton. Prices have doubled this year, with poor crops and poor returns paid to farmers setting the course for a third straight year of supply deficit. Stock up on those chocolate bunnies!https://t.co/1ltjEhuEnI pic.twitter.com/bO3Jw6hJUw

— Haidi Lun Stroud-Watts 伦海迪 (@HaidiLun) March 27, 2024

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h/t MarketLab