宝城期货橡胶早报-20251103

Report Summary 1. Report Industry Investment Rating No information provided. 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 the intraday trend also being weakly oscillatory [1][5][7]. 3. Summary According to Related Contents Shanghai Rubber (RU) - Price Performance: On the night of last Friday, the domestic Shanghai rubber futures 2601 contract maintained a weakly oscillatory trend, with the futures price slightly down 1.05% to 15090 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 the market showed profit - taking. It is expected that the Shanghai rubber 2601 contract may maintain a weakly oscillatory trend on Monday [5]. Synthetic Rubber (BR) - Price Performance: On the night of last Friday, the domestic synthetic rubber futures 2601 contract showed a weak downward trend, with the futures price significantly down 2.21% to 10405 yuan/ton [7]. - Core Logic: Similar to Shanghai rubber, after the meeting between the Chinese and US presidents, the progress in economic and trade tariffs was slightly lower than expected. As the macro - positive sentiment was digested, the driving force of macro factors weakened, and the market showed profit - taking. The market has shifted from "expectation - driven" to "reality - dominated", and investors' sentiment has become cautious. It is expected that the domestic synthetic rubber futures 2601 contract may maintain a weakly oscillatory trend on Monday [7].