Cargill suspends palm oil purchases from Malaysia’s Sime Darby
Agro-giant voiced concerns over forced labour
Cargill Inc, one of the world’s biggest agricultural traders, stopped buying palm oil products from Sime Darby Plantation Bhd. after the US said it found indicators of forced labour in the Malaysian grower.
Cargill has suspended all new sourcing of palm oil and derivative products from Sime Darby since Feb 25, the world’s biggest oil palm planter by acreage said in an emailed response to questions. Sime did not give a reason for the halt but said…