Core Insights - The report indicates a weak oscillation trend for both Shanghai rubber (沪胶) and synthetic rubber (合成胶) in the short and medium term, with a consensus on a bearish outlook [5][6]. Summary by Sections Shanghai Rubber (沪胶) - Daily view: Oscillation with a weak bias; Medium-term view: Oscillation [5] - The core logic suggests that the recent 25 basis point interest rate cut by the Federal Reserve aligns with market expectations, but the dot plot indicates two more cuts in Q4 2025 and only one in 2026, which is slower than the market's pricing of three cuts [5]. - The Shanghai rubber futures contract (2601) showed a slight increase of 0.10% to 15,545 CNY/ton, but resistance to further rebounds remains significant [5]. Synthetic Rubber (合成胶) - Daily view: Oscillation with a weak bias; Medium-term view: Oscillation [6] - Similar to Shanghai rubber, the recent interest rate cut by the Federal Reserve is acknowledged, with the same implications regarding future cuts [6]. - The synthetic rubber futures contract (2511) experienced a slight increase of 0.22% to 11,495 CNY/ton, but faces considerable resistance to further upward movement [6].
宝城期货橡胶早报-20250922
Bao Cheng Qi Huo·2025-09-22 03:05