宝城期货橡胶早报-20250710

Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Report's Core View - Both Shanghai rubber (RU) and synthetic rubber (BR) are expected to run strongly, with an intraday view of being strongly volatile and a medium - term view of being volatile [1][5][7] 3. Summary by Related Catalogs Shanghai Rubber (RU) - Market Conditions: On Wednesday night, the 2509 contract of domestic Shanghai rubber futures showed a volatile rebound, with the futures price rising 2.28% to 14325 yuan/ton. It is expected to maintain a strongly volatile trend on Thursday [5] - Core Logic: Recent high - level meetings may bring a new round of supply - side reform, boosting domestic commodity futures. However, the supply side is in the peak tapping season with strong incremental expectations, and downstream demand is weak, with slowing tire production and sales growth and a coming off - season for terminal demand [5] Synthetic Rubber (BR) - Market Conditions: On Wednesday night, the 2509 contract of domestic synthetic rubber futures showed a volatile rebound, with the futures price rising 1.78% to 11445 yuan/ton. It is expected to maintain a strongly volatile trend on Thursday [7] - Core Logic: High - level meetings may bring a new round of supply - side reform, boosting domestic commodity futures. The load of some private butadiene rubber plants in East and South China has increased slightly, driving up production and capacity utilization. But downstream demand is weak, with slowing tire production and sales growth and a coming off - season for terminal demand [7]