宝城期货橡胶早报-20251031

Report Summary 1. Report Industry Investment Rating - No industry investment rating information is provided in the report. 2. Report's Core View - Both Shanghai rubber (RU) 2601 and synthetic rubber (BR) 2601 are expected to run weakly, with short - term and medium - term trends being oscillatory and weakly oscillatory respectively, and intraday trends also being weakly oscillatory [1][5][7]. 3. Summary by Related Catalogs Shanghai Rubber (RU) - Price Performance: On Thursday night, the domestic Shanghai rubber futures 2601 contract maintained a weakly oscillatory trend, with the futures price slightly down 0.48% to 15,420 yuan/ton [5]. - Core Logic: After the meeting between the Chinese and US presidents in Busan, South Korea, the positive progress in economic and trade tariffs was slightly lower than market expectations. As the macro - positive sentiment was digested, the driving force of macro factors weakened, and there was a profit - taking phenomenon in the market. It is expected that the Shanghai rubber 2601 contract may maintain a weakly oscillatory trend on Friday [5]. Synthetic Rubber (BR) - Price Performance: On Thursday night, the domestic synthetic rubber futures 2601 contract showed a weakly oscillatory trend, with the futures price slightly down 0.51% to 10,700 yuan/ton [7]. - Core Logic: Similar to Shanghai rubber, after the meeting between the Chinese and US presidents, the positive progress in economic and trade tariffs was slightly lower than market expectations. As the macro - positive sentiment was digested, the driving force of macro factors weakened, and the market shifted from "expectation - driven" to "reality - dominated", with investors becoming more cautious. It is expected that the domestic synthetic rubber futures 2601 contract may maintain a weakly oscillatory trend on Friday [7].