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宝城期货橡胶早报-20250715
Bao Cheng Qi Huo·2025-07-15 02:26

Report Summary 1. Report Industry Investment Rating - Not provided in the content 2. Report's Core View - Both Shanghai rubber (RU) and synthetic rubber (BR) are expected to run strongly in the short - term, 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) - Short - term, Medium - term, and Intraday Views: Short - term: volatile; Medium - term: volatile; Intraday: strongly volatile; Overall reference view: strongly running [1][5] - Core Logic: A new round of supply - side reform may boost domestic commodity futures. The supply side is in the peak tapping season with strong incremental expectations and large month - on - month output pressure. Downstream demand is weak, with slowing tire production and sales growth and a terminal demand off - season. Benefiting from better - than - expected domestic new car production and sales data in June, the 2509 contract of Shanghai rubber futures showed a strongly volatile trend in the overnight session on Monday, with the price slightly rising 0.87% to 14,430 yuan/ton. It is expected to maintain a volatile and stable trend on Tuesday [5] Synthetic Rubber (BR) - Short - term, Medium - term, and Intraday Views: Short - term: volatile; Medium - term: volatile; Intraday: strongly volatile; Overall reference view: strongly running [1][7] - Core Logic: A new round of supply - side reform may boost domestic commodity futures. The operating loads of some private butadiene rubber plants in East and South China have increased slightly, driving up production and capacity utilization. Downstream demand is weak, with slowing tire production and sales growth and a terminal demand off - season. Benefiting from better - than - expected domestic new car production and sales data in June, the 2509 contract of synthetic rubber futures showed a strongly volatile trend in the overnight session on Monday, with the price slightly rising 0.22% to 11,570 yuan/ton. It is expected to maintain a strongly volatile trend on Tuesday [7]