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Lower bromine prices hit Gulf Resources Q1 profit

By Laura Syrett
Published: Monday, 13 May 2013

CEO says sequential price increases signal uptick in demand

Chinese chemical manufacturer Gulf Resources Inc. has reported a fall in net income to $1.9m for Q1 2013, down from $3.3m for the same quarter a year ago.

The bromine, crude salt and speciality chemical producer highlighted a 9% drop in bromine prices year-on-year (y-o-y) as a key...

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