Weaker bromine and crude salt prices drag on Gulf Resources

By Laura Syrett
Published: Monday, 10 November 2014

As one of the largest bromine producers in Asia, Gulf has struggled to match its capacity to the scale of its ambitions to grow through vertical integrations, although it is not alone in feeling the pinch of softer prices.

Chinese bromine and crude salt producer Gulf Resources Inc. saw both its revenues and income fall for the third quarter of 2014, as weak prices and capacity issues knocked the company’s financials.

Shouguang-headquartered Gulf Resources recorded a 6% decline in revenues for the period, to $31.1m – a drop which...

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