宝城期货橡胶早报-20250721

Report Summary 1. Report Industry Investment Rating No information provided. 2. Report's Core View - Both Shanghai rubber (RU) and synthetic rubber (BR) are expected to run strongly, with short - term and medium - term trends being oscillatory and intraday trends being oscillatory and strong [1][5][7]. 3. Summary by Related Catalogs Shanghai Rubber (RU) - Short - term, Medium - term, and Intraday Views: Short - term and medium - term views are oscillatory, and the intraday view is oscillatory and strong. The reference view is to run strongly [1][5]. - Core Logic: After the previous bearish expectations were gradually digested, the Shanghai rubber futures price entered an oscillatory recovery trend. The sixth typhoon this year is expected to hit Hainan Island and Leizhou Peninsula, increasing the expectation of domestic natural rubber production reduction and boosting the rubber price. On the night of last Friday, the 2509 contract of domestic Shanghai rubber futures maintained an oscillatory and strong trend, with the price slightly rising 0.27% to 14,880 yuan/ton. It is expected to maintain this trend on Monday [5]. Synthetic Rubber (BR) - Short - term, Medium - term, and Intraday Views: Short - term and medium - term views are oscillatory, and the intraday view is oscillatory and strong. The reference view is to run strongly [1][7]. - Core Logic: After the rubber price callback digested bearish factors, combined with the recent stabilization and rebound of domestic and international crude oil futures prices, the Shanghai rubber futures continued the bullish upward trend. On the night of last Friday, the 2509 contract of synthetic rubber futures maintained an oscillatory and strong trend, with the price rising 1.41% to 11,840 yuan/ton. It is expected to maintain this trend on Monday [7].