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Tempo (Ningbo) International Inc.
Tempo (Ningbo) International Inc.  

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Tempo (Ningbo) International Inc. [China (Mainland)]


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City: Ningbo
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Country/Region: China (Mainland)

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Status of China's Rubber Conveyor Belt Industry
 The high rate of profit growth in rubber conveyor belt industry in statistics, on the surface seems to tape the rubber conveyor belt industry is not affected by the financial crisis. It is in fact not the case, and the profit data of rubber conveyor belt industry are "unrealistically high".
The production needed for rubber conveyor belt products' raw material is not too large, and other raw materials could be bought in the material market. So the stock of rubber conveyor belts' raw material is also under a low level. The lower price of raw material has brought benefits to the rubber conveyor belt business. As the price of rubber conveyor belt products increase slower than the raw material’s price. Therefore the profit of rubber conveyor belt industry has a good rise.
In the future the rubber conveyor belt industry will not have such a high profit, because raw material prices have in the end, and would not fall; instead, it will gradually rise, while prices are unlikely to increase. That is main status of China’s rubber conveyor beltindustry.
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