宝城期货橡胶早报-2026-03-11-20260311

1. Report Industry Investment Rating - Not provided in the content 2. Core Viewpoints of the Report - For the Shanghai rubber (RU) 2605 contract, the short - term view is "oscillation", the medium - term view is "oscillation", the intraday view is "oscillation and weakening", and the reference view is "oscillation and weakening" [1][5] - For the synthetic rubber (BR) 2605 contract, the short - term view is "oscillation", the medium - term view is "oscillation and strengthening", the intraday view is "oscillation and weakening", and the reference view is "oscillation and weakening" [1][7] 3. Summary by Related Catalogs Shanghai Rubber (RU) - Core logic: After US President Trump signaled that the war against Iran might end soon, the geopolitical risk in the Middle East quickly cooled down, and international crude oil futures prices sharply corrected from high levels, weakening the bullish sentiment in energy - chemical commodities. Rising oil prices led to an increase in inflation expectations, and the global central bank's interest - rate cut cycle might end early and be replaced by an interest - rate hike cycle, strengthening the expectation of tight liquidity. Additionally, a new rubber - tapping period is approaching. Although the Shanghai rubber futures 2605 contract showed a stable oscillation trend during the night session on Tuesday, with a slight increase in the futures price, the rebound momentum was lacking. It is expected that the Shanghai rubber futures may maintain an oscillating and weakening trend on Wednesday [5] Synthetic Rubber (BR) - Core logic: After US President Trump signaled that the war against Iran might end soon, the geopolitical risk in the Middle East quickly cooled down, and international crude oil futures prices sharply corrected from high levels, weakening the bullish sentiment in energy - chemical commodities. Rising oil prices led to an increase in inflation expectations, and the global central bank's interest - rate cut cycle might end early and be replaced by an interest - rate hike cycle, strengthening the expectation of tight liquidity. In the context of the collective weakening of energy - chemical commodities, the domestic synthetic rubber futures 2605 contract showed an oscillating decline during the night session on Tuesday, with a slight decrease in the futures price. It is expected that the domestic synthetic rubber may maintain an oscillating and weakening trend on Wednesday [7]