What crash? Shangcomp?
I agree the poor price action seems to be a broader industry phenomenon
Id attribute it to a disconnect between changing industry fundamentals (Partic worsening supply constraints) and market pessimism re commodities (due to dollar strength and concerns re Chinese demand)
IMO will resolve itself when there’s an eventual trade settlement and/or dxy corrects
Ann: Finalisation of New Michelin Joint Venture Agreement, page-10
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 4 | 143 | $8.20 |
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| $8.21 | 7625 | 25 |
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