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Coffee Dec 22 (KC=F)
| Pre. Settlement | N/A |
| Settlement date | 2022-12-19 |
| Open | 225.20 |
| Bid | 221.15 |
| Last price | 221.55 |
| Day's range | 220.90 - 226.45 |
| Volume | |
| Ask | 221.25 |
- Reuters
Nestle to stop sourcing from Indonesian palm oil producer AAL
Food giant Nestle plans to stop sourcing from subsidiaries of Astra Agro Lestari (AAL), a major Indonesian palm oil producer accused by environmental groups of land and human rights abuses. Nestle, maker of KitKat chocolate and Nespresso coffee, told Reuters that following a recent independent assessment, it instructed its suppliers to ensure palm oil from three subsidiaries of AAL no longer enters its supply chain. It did not specify the claims again AAL other than to say it had been on its 'grievance' list for several months.
- The Telegraph
Price of a flat white coffee tops £3 at UK's largest chains
The price of a flat white has topped £3 across Britain's largest coffee shops for the first time, as households face a growing squeeze on their wallets.
- Motley Fool
Stock Market Sell-Off: Is Dutch Bros a Buy Now?
The market has been especially unkind to former highfliers like drive-thru coffee shop Dutch Bros (NYSE: BROS). Dutch Bros stock is down 54% from the highs it hit following its initial public offering last September on fears that a recession will cause growth to slow. When consumers tighten their belts, coffee shop coffee is an easy discretionary purchase to cut out to save money.
