宝城期货橡胶早报-20251009

Report Industry Investment Rating No relevant content provided. Core View of the Report - Both Shanghai rubber (RU) and synthetic rubber (BR) are expected to run weakly, with short - term and intraday views of being oscillatory and weak, and mid - term views of decline [1][5][6] Summary by Related Catalogs Shanghai Rubber (RU) - Price Trend: Short - term oscillatory and weak, mid - term decline, intraday oscillatory and weak, overall expected to run weakly [1][5] - Core Logic: During the National Day holiday, the unexpected shutdown of the US federal government led to a significant increase in risk - aversion sentiment in the global financial market. Commodities were generally under pressure, and the main contract of Japanese rubber futures had a cumulative maximum decline of 3.83%. Typhoon "Maidoum" might cause yield reduction in natural rubber planting areas. Before the holiday, the 2601 contract of domestic Shanghai rubber futures showed a weak downward trend, so it is expected to maintain an oscillatory and weak trend on the first trading day after the holiday [5] Synthetic Rubber (BR) - Price Trend: Short - term oscillatory and weak, mid - term decline, intraday oscillatory and weak, overall expected to run weakly [1][6] - Core Logic: During the National Day holiday, the US federal government shutdown increased global risk - aversion sentiment. Commodity prices were under pressure. The prices of US WTI crude oil and Brent crude oil futures had a cumulative decline of about 1%. Due to weak cost support and a weak supply - demand structure, and the 2511 contract of synthetic rubber futures showed a weak downward trend before the holiday, it is expected to maintain an oscillatory and weak trend on the first trading day after the holiday [6]