Toho Titanium revealed at a press conference on Friday its titanium sponge export price for 2010 shipment is highly likely to decrease compared with 2009 shipment.

The export price may decline for 2 years in a row. Inventory adjustment hasn't progressed at sponge users due to airplane makers' delivery delay of new model aircrafts.

Takeshi Kurushima, president of Toho Titanium, said they try to limit price down range by 10% year-to-year.