宝城期货橡胶早报-20251020

Report Summary 1. Report Industry Investment Rating No specific investment rating is provided in the report. 2. Report's Core View - Both Shanghai rubber (RU) and synthetic rubber (BR) are expected to run weakly, with short - term, medium - term, and intraday views being oscillatory and weak [1][5][7]. 3. Summary by Related Catalogs Shanghai Rubber (RU) - Price and Performance: On the night of last Friday, the domestic Shanghai rubber futures 2601 contract slightly rose 0.40% to 14,880 yuan/ton [5]. - Market Outlook: This Monday, the 2601 contract of Shanghai rubber is expected to maintain an oscillatory and weak trend [5]. - Driving Logic: Although the macro - bearish sentiment has weakened due to Trump's signal of easing, the macro and industrial factors in the rubber market remain weak. The better - than - expected domestic automobile production and sales data last week boosted the bulls' confidence [5]. Synthetic Rubber (BR) - Price and Performance: On the night of last Friday, the domestic synthetic rubber futures 2512 contract showed an oscillatory and weak trend, with the futures price slightly down 0.55% to 10,880 yuan/ton [7]. - Market Outlook: This Monday, the 2512 contract of domestic synthetic rubber futures is expected to maintain an oscillatory and weak trend [7]. - Driving Logic: Similar to Shanghai rubber, although the macro - bearish sentiment has weakened, the macro and industrial factors in the rubber market remain weak [7].