Domestic tio2 industry’s depression has cast shadow over upstream ilmenite concentrate market and other byproduct industries. Hainan, a major ilmenite concentrate producer, has also been influenced and only several large-scale ore yards receive steady orders.

Other titanium products facing market depression include titanium tetrachloride, sponge titanium and ferrotitanium. The prevailing price of titanium tetrachloride is 6,600-6,900 Chinese Yuan (US$967.8-1,113.0) per tonne while true supply price is 6,500-6,600 Chinese Yuan. It is said that titanium tetrachloride market will not recover until demands of downstream titanium products get boosted and so do sponge titanium and ferrotitanium.