Southern Manganese (01091) continued to increase in the afternoon. The stock price rose 27.78%. It now reports HK$0.345, with a turnover of HK$12.1210.6 million.
According to a report by My Steel Network, there was a clear rise in the manganese ore market on April 8. Most miners chose not to bid for the time being. Some prices were mainly at higher prices. Prices for mainstream mines increased significantly. Tianjin Gangcheng had a small number of high-ranking transactions. As goods rights were concentrated, manganese ore was not shipped at low prices for the time being. In the new round, foreign market prices are high, and miners are less willing to ship, and shipments are being carried out after waiting for a substantial rise in manganese ore prices. Currently, the main trend is to wait and see the price increase.