宝城期货橡胶早报-20251104

Report Summary 1. Report Industry Investment Rating - No relevant content provided. 2. Report's Core View - Both Shanghai rubber 2601 and synthetic rubber 2601 are expected to run weakly, with short - term and medium - term trends being oscillatory and weakly oscillatory respectively, and the same for the intraday view [1]. 3. Summary According to Related Catalogs Shanghai Rubber (RU) - Market Performance: On the night session of this Monday, the domestic Shanghai rubber futures 2601 contract maintained a weakly oscillatory trend, with the futures price slightly down 0.27% to 15,050 yuan/ton [5]. - Core Logic: After the meeting between Chinese and US leaders 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 saw profit - taking. The rubber market returned to being dominated by supply - demand fundamentals, putting pressure on rubber prices. It is expected that the Shanghai rubber 2601 contract may maintain a weakly oscillatory trend on Tuesday [5]. Synthetic Rubber (BR) - Market Performance: On the night session of this Monday, the domestic synthetic rubber futures 2601 contract showed a weak downward trend, with the futures price down 1.73% to 10,195 yuan/ton [7]. - Core Logic: After the meeting between Chinese and US leaders, the results in economic and trade tariffs were slightly lower than expected. With the digestion of macro - positive sentiment, the market shifted from "expectation - driven" to "reality - dominated", and investor sentiment became cautious. It is expected that the domestic synthetic rubber futures 2601 contract may maintain a weakly oscillatory trend on Tuesday [7].