Shanghai Baolong: Getting Down to Brass Tacks
Many of the conversations on the Shanghai Baolong Industries Company Limited stand at Essen concerned the rising costs of raw materials and the effect that this has had on Shanghai Baolong and its products; notably brass valves and wheel balancing weights.
Since 2003, says the company, the price of copper has risen continually. By March 2006, most people thought that the copper price had reached its peak because it was at an unprecedented level after rising for such a long time. As it was, the price of copper was set to increase way beyond what most people had imagined.