China slashed out of quota sugar import permits this year of 1 million tonne down from 1.9 million tonne last year. The permit reductions follow Beijing decision to impose extra tariffs on out-of-quota imports for the next three years and the imports damaged the domestic industry. 0.6 million tonne of out of quota imports permits have been issued for the first five months of 2017. Under the new plan, about 50,000 permits will be issued each month for the rest of this year. In the first year of the new duty system import duties for out-of-quota tariff sugar would increase to 95%. That means it would cost about 7,047 yuan ($1,022) per tonne to import refined sugar from Brazil, almost 400 yuan higher than sugar from Guangxi province. Buying refined sugar from Thailand would cost 7,300 yuan per tonne under the new tariff. ($1 = 6.8899 Chinese yuan renminbi)