宝城期货橡胶早报-20250813

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 For Shanghai Rubber (RU) - Short - term, Medium - term, and Intraday Views: Short - term: volatile; Medium - term: volatile; Intraday: strongly volatile. Overall view is strongly running [1][5] - Core Logic: After the weakening of the previous macro - driving force, the rubber market returns to a market dominated by a weak supply - demand structure. Currently, the Southeast Asian rubber - producing areas are in the peak tapping season, and the domestic producing areas are also continuously releasing new rubber output, with high supply pressure. However, the domestic heavy - truck sales data and new - car production and sales data for August are better than expected, showing a significant year - on - year increase. Driven by the improvement of demand factors, the night - session of the domestic Shanghai rubber futures 2601 contract on Tuesday maintained a strongly volatile trend, with the futures price slightly rising 0.63% to 15,880 yuan/ton. It is expected to maintain a strongly volatile trend on Wednesday [5] For Synthetic Rubber (BR) - Short - term, Medium - term, and Intraday Views: Short - term: volatile; Medium - term: volatile; Intraday: strongly volatile. Overall view is strongly running [1][7] - Core Logic: After the weakening of the previous macro - driving force, synthetic rubber returns to a market dominated by a weak supply - demand structure. Currently, the operating load of domestic synthetic rubber plants is stable, and the supply pressure remains. However, the domestic heavy - truck sales data and new - car production and sales data for August are better than expected, showing a significant year - on - year increase. Driven by the improvement of demand factors, the night - session of the domestic synthetic rubber futures 2509 contract on Tuesday maintained a strongly volatile trend, with the futures price slightly rising 0.64% to 11,840 yuan/ton. It is expected to maintain a strongly volatile trend on Wednesday [7]