China June sugar imports slump.

China sugar imports plunged in June, after Beijing imposed hefty tariffs on foreign arrivals in late May and slashed imports permits. China bought 140,000 tonnes of raw sugar in June, down 62 percent year on year, and down 25 percent from last month 186,765 tonnes. China has halved the permits for out-of-quota sugar import from last year to around 1 million tonnes. Beijing imposed extra tariffs on out-of-quota imports of the sweetener for the next three years in a ruling in May, following years of lobbying by domestic sugar farmers and crushers. Imports in the first half of this year went up 5.9 percent to 1.41 million tonnes, as lower global prices attracted buyers.