Zhitong Financial APP learned that Southern Manganese (01091) rose more than 8% in the afternoon and rose 7.2% to HK $1.34 as of press time, with a turnover of HK $126 million.

On the news, according to Lange Iron and Steel Network, the domestic electrolytic manganese market continues to rise today. The pricing of some steel mills hit new highs, continuing to intensify the strong upward trend of the market, and yesterday, large factories in Guizhou stepped into the manganese technology meeting in August to stop production, the supply of manganese triangle circulation tightened again, and the status quo of out of stock and difficult to adopt is still continuing. Coupled with the recent suspension of production and maintenance of most raw material sulfuric acid plants due to high temperature, sulphuric acid prices also rose sharply last week, epidemic control made it difficult to transport in some areas, and the arrival time of some buyers' goods was delayed.