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The profile created is very

The profile created is very close to sRGB profile (default tone curve is slightly different).

So, if the problem still exists: please make sure
a) you use real updated LibRaw, not outdated .dll or .so/.dylib somewhere in the shared library path
b) you have recompiled your application too: offsets in LibRaw object may change resulting in unexpected things

-- Alex Tutubalin @LibRaw LLC