Descrizione

BEIJING, May 22 (Reuters) - China's sugar futures tumbled into negative territory and dropped more than 1 percent as traders said the government's decision to slap hefty import duties on sweetener was too lenient to stem the flow of sugar into the world's top importer.

* At 0259 GMT, the most-active futures were down 0.73 percent at 6,672 yuan ($968.43) per tonne.

* The ruling was inline with a draft proposal issued beaches in myanmar April, which many traders said was too low to stop the hefty flow of foreign arrivals that has damaged the domestic industry.

* Beijing will levy an extra 45-percent duty on top of the current 50 percent duty for out-of-quota sugar imports for this fiscal year, China's Commerce Ministry said in a statement. The duty will

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