Cocoa Is More Expensive Than Copper as It Tops $9,000
(www.bloomberg.com)
from [email protected] to [email protected] on 26 Mar 2024 08:39
https://sh.itjust.works/post/16807629
from [email protected] to [email protected] on 26 Mar 2024 08:39
https://sh.itjust.works/post/16807629
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Time to start drinking copper
And stealing chocolate from the walls at construction sites.
I prefer my copper with a teaspoon of microplastics.
$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
And how many cubic Smoots?
You just learned me something. Thanks for posting this.
My pleasure 😁
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.
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.
$9,000 per metric ton. So 9$ per kg.
Copper is $8.3 per kg.
Thank you metric for not being a pain in the ass
Headline should be: copper cheaper than you thought
Cocoa being more expensive might be better paid workers and better living standards right?
I was stunned at how cheap copper is after being linked BigStackD on YouTube and watching him melt copper into a bunch of copper bars that ended up totaling like 35USD
copper in the context of itself is actually pretty cheap. the problem copper has is that copper is reletively expensive when compared to other common metals, hence why in some industries, copper usage is being cut back more (e.g heatsinks, as copper is commonly used for its great heat transfer coefficient, but reletively speaking, is more expensive than aluminum, while cheaper and lighter, doesnt conduct heat as well as copper)
Which means they are paying those plantation workers fair wages now
Right…
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Great now they are going to start stealing all the cocoa out of new construction
Where would they even sell it? The cocoa recycling centers won’t take any cocoa without a wrapper and a receipt!
Ea-nāṣir gonna be getting complaints about the quality of cocoa
Ea-Nestlé
And I drive the baddest Prius out there! My Prius does 5billion in just 3!
Fine, I’ll put copper in my coffee since it’s cheaper.
Emotional allomancers hate this one weird trick
But you can’t afford the coffee now, either.
You notice the bags of coffee beans went from 16oz bags for around $10 five years ago to now 10oz and 11 oz bags for $12?
Try Cardamom. That stuff is getting ridiculous, ~$20 for a small standard grocery store spice rack jar. Apparently climate change is affecting the production. I was making some Indian food and ran out, went to the store and was shocked at the sticker price. A quick calculation seems that it’s about $15,500/US ton, ~50¢/oz bulk market cost, whole allspice.
What common recipes use cardamom? I haven’t made anything that uses it.
Cardamom is a pretty common spice in Chai. It is also used in certain styles of biryani and various curries. Various indian sweets can also contain it. The Swedes apparently use it in cakes and pastries.
The Basmati rice recipe I was making called for it. Might have been another dish, but I forget.
Many Indian recipes
Indian food. Rajma and naan is how I survived uni and it uses a fair amount.
Cardamom carrots are really good.
I put it on a lot of things sweet and savory alike. It goes with the rosemary, pepper, salt and coriander when I roast potatoes. It also goes into snickerdoodles or a half dozen different kinds of cake. It also makes a really good additive to soap if you make your own soap.
It’s such an underappreciated spice, at least in the US where nobody seems to know what’s going on despite enjoying the food.
The only time people don’t question what the flavor is, is when I make Indian food.
Is it the one that smells like fruit loops?
Semlor!
I add it to rice every time I cook. 4~6 capsules per batch for 3-4 people.
Swedish cardamom rolls (like cinnamon rolls but way better)
Ok billion dollar idea: selectively breed yeast until it can make it. I leave the details as an exercise for the reader.
Yes, let’s use AI!
And blockchain
Woah woah, we don’t want to overproduce it
Cocoa isn’t a single compound, if you extracted the pure chemical everyone claims is chocolate, you’d be very disappointed. Your goal is still theoretically possible, just a lot harder than the usual yeast and E. Coli synthesis targets.
Would it help you solve the problem if I acted like one of those tech “visionaries” fired half your coworkers, posted problematic stuff on social media, stole your credit, worked you to the bone, and then micromanaged your output at the last moment?
Cause I am just saying I already own a black turtleneck and wear glasses.
It’s certainly worth trying!
That’s the kinda synergy team player attitude I like. I will have a temp worker contact you about onboarding after the first round of venture funding. Thinking a billion.
Coppr can go succ it if wants more of my money
Yeah but it makes rubbish wiring.
Yes, but also copper tastes terrible.
thats your opinion not the rest of us
yes, I love the taste of pig
So this is why a candy bar is now $2.69?
I used to buy chocolate candy all the time but they’ve seemed to double in price in 10 years, so I turned to pretzels instead, which are still cheap
Overlooking the whole child slave labor thing, yeah I suppose so
I’d be ok if we ditched chocolate as a society.
not forget the $8.7 Billion hedge fund pumped in ft.com/…/563227fe-edfb-40bd-bea9-dc2822ba4f27
Willy Wonka is furiously amending his payment contract with the oompa loompas right about now.
Won’t somebody think of the chocolate factory and its shareholders?