Report Overview - The report is a daily report on natural rubber futures, dated October 9, 2025, and the researcher is He Ning [1]. Market Overview and Quotes Review 1.1 Overall Market Performance - On October 9, 2025, the natural rubber futures market showed an upward trend. The price of the main natural rubber contract RU2601 closed at 15,415 yuan/ton, up 385 yuan/ton (1.55%) from the previous trading day, with a trading volume of 169,800 lots and an open interest of 140,700 lots, a decrease of 378 lots from the previous day. The price of the main 20 - number rubber contract NR2511 closed at 12,465 yuan/ton, up 365 yuan/ton (1.84%) from the previous trading day, with a trading volume of 69,600 lots and an open interest of 34,100 lots, a decrease of 52 lots from the previous day [2]. 1.2 Futures Quotes Data - The table provides detailed futures quotes data for natural rubber on October 9, 2025, including information on different delivery months such as 2510, 2511, 2601, etc., covering pre - settlement, opening price, high price, low price, closing price, settlement price, price changes, trading volume, trading value, and open interest changes [7]. 1.3 Spot Market Data - As of October 9, the domestic rubber spot prices showed increases. The RMB spot price of Thai mixed rubber was 14,820 yuan/ton, up 290 yuan/ton from the previous trading day; the near - port US dollar transaction price of Thai mixed rubber was 1,830 USD/ton, up 30 USD/ton. The RMB spot transaction price of Vietnamese 3L (SVR 3L) was 15,250 yuan/ton, up 200 yuan/ton. The transaction price of Thai standard rubber in the bonded area was 1,840 USD/ton, up 20 USD/ton. The post - market trading atmosphere was good, mainly for market exchanges [8][9]. Daily News and Industry Dynamics Analysis - According to Longzhong Information, the total inventory of natural rubber in the bonded area and general trade in Shandong Qingdao was about 461,200 tons, a decrease of 3,600 tons (0.76%) from last week, showing a slight destocking. The rubber tapping in the Vietnamese production area was hindered by typhoons this week. Coupled with the active procurement of raw materials by processing plants for production and delivery, the raw material prices were driven up. The capacity utilization rate of sample all - steel tire factories last week was 66.36%, and that of semi - steel tire factories was about 72.74%, with an overall slight increase in capacity utilization. However, the order situation was not as good as the same period last year, with the finished product inventory of all - steel tires about 25 days and that of semi - steel tires about 40 days [10]. Conclusion and Outlook - The price of Thai cup lump raw materials increased compared with the previous day, while the glue price remained flat. After the holiday, both the commodity market and capital market indices were good, and the natural rubber futures price rose accordingly. Although the impact of rainfall in the production area eased slightly, the output was still lower than the same period of previous years, and the demand was relatively neutral. It is expected that the short - term natural rubber futures price may continue to fluctuate. Attention should be paid to the impact of macro events on the overall sentiment of the commodity market and the impact of upstream production and mid - stream inventory on market sentiment and price trends [11].
天然橡胶期货日报-20251010
Guo Jin Qi Huo·2025-10-10 11:59