宝城期货橡胶早报-20250724

Report Summary 1. Industry Investment Rating No information provided in the report. 2. Core View - Both Shanghai rubber (RU) and synthetic rubber (BR) are expected to run strongly, with short - term, medium - term, and intraday views all being "oscillating and bullish" [1][5][7]. 3. Summary by Related Catalogs Shanghai Rubber (RU) - Price and Change: On Wednesday night, the domestic Shanghai rubber futures 2509 contract maintained an oscillating consolidation trend, with the futures price slightly down 0.43% to 14,950 yuan/ton [5]. - Core Logic: Recent trade agreements between the US and Japan, upcoming China - US economic and trade meetings from July 27th to 30th in Sweden, and rumors of a tariff agreement between Europe and the US have improved macro factors. This has led to a significant increase in the risk appetite of the commodity market. Although the domestic and foreign rubber - producing areas are in the peak tapping season with large supply pressure, the overall situation is covered by a bullish atmosphere. It is expected that on Thursday, the domestic Shanghai rubber futures 2509 contract will maintain an oscillating and bullish trend [5]. Synthetic Rubber (BR) - Price and Change: On Wednesday night, the synthetic rubber futures 2509 contract maintained an oscillating consolidation trend, with the futures price slightly down 0.58% to 11,930 yuan/ton [7]. - Core Logic: Similar to Shanghai rubber, the improvement of macro factors has led to an increase in the risk appetite of the commodity market. Supported by a bullish atmosphere, it is expected that on Thursday, the domestic synthetic rubber futures 2509 contract will maintain an oscillating and bullish trend [7].