Prevailing price of ilmenite in Panzhihua, Sichuan Province (46%) is now CNY460-480 per tonne, and that of 47% one is CNY500-550 per tonne, both excluding tax. As for the imported products, the bottom port price of ilmenite imported from India has dropped to CNY980 per tonne excluding tax, and the prevailing price is around CNY1,050 per tonne. CIF prices of ilmenite imported from India range from USD125 to USD130.