宝城期货橡胶早报-20250731

Report Summary 1. Report Industry Investment Rating - No information provided on the report industry investment rating. 2. Report's Core View - The report focuses on the short - term, medium - term, and intraday trends of Shanghai rubber (RU) and synthetic rubber (BR) futures. It believes that both are likely to run weakly due to prevailing bearish factors [1][5][7]. 3. Summary by Related Catalogs 3.1 General Information - Time cycle definitions: short - term is within one week, medium - term is from two weeks to one month. For intraday views, "oscillating strongly/weakly" is defined as a 0 - 1% increase/decrease, a decrease > 1% is a decline, and an increase > 1% is a rise. Oscillating strongly/weakly only applies to intraday views [1][3][4]. 3.2 Shanghai Rubber (RU) - Short - term view: oscillating; Medium - term view: oscillating strongly; Intraday view: oscillating weakly; Overall reference view: running weakly. After the Sino - US economic and trade talks, with the digestion of bullish factors and dominant bearish sentiment, the 2509 contract of Shanghai rubber futures closed down 1.30% to 14800 yuan/ton on Wednesday night and may maintain an oscillatingly weak trend on Thursday [1][5]. 3.3 Synthetic Rubber (BR) - Short - term view: oscillating; Medium - term view: oscillating strongly; Intraday view: oscillating weakly; Overall reference view: running weakly. After the Sino - US economic and trade talks, with the digestion of bullish factors and dominant bearish sentiment, the 2509 contract of synthetic rubber futures closed down 2.11% to 11585 yuan/ton on Wednesday night and may maintain an oscillatingly weak trend on Thursday [1][7].