“Cocoa prices hit $10,000 per metric ton for the first time ever”

“Cocoa prices hit a record Tuesday as supply constraints fuel prices higher. Futures for May delivery were up 3.9% at $10,030 per metric ton, marking the first time the commodity breaks above the $10,000 mark. Cocoa has been on a tear this year, soaring nearly 138%…”

https://www.cnbc.com/2024/03/26/cocoa-prices-hit-10000-per-metric-ton-for-the-first-time-ever.html

Inflation increases the value of all physical assets. Everything is going up and it’s going to keep going up.