宝城期货橡胶早报-2026-03-13-20260313

1. Report Industry Investment Rating - Not provided in the given content 2. Core Viewpoints of the Report - The Shanghai rubber futures contract 2605 is expected to maintain a volatile and slightly stronger trend on Friday, while the synthetic rubber is expected to continue its strong performance [1][5][7] 3. Summary by Relevant Catalogs 3.1 Shanghai Rubber (RU) - Short - term, Medium - term, and Intraday Views: Short - term: volatile; Medium - term: volatile; Intraday: volatile and slightly stronger; Reference view: volatile and slightly stronger [1] - Core Logic: Despite Trump's signal of ending the war with Iran, the conflict between the US - Israel and Iran may not end, and the geopolitical risk in the Middle East remains. International crude oil futures prices are still strong, boosting domestic energy - chemical commodity futures prices. The cost - driven logic of synthetic rubber remains, and the discount spread with Shanghai rubber is narrowing, supporting the Shanghai rubber futures price. The 2605 contract showed a volatile and stable trend on Thursday night [5] 3.2 Synthetic Rubber (BR) - Short - term, Medium - term, and Intraday Views: Short - term: volatile and slightly stronger; Medium - term: volatile and slightly stronger; Intraday: strong; Reference view: strong operation [1] - Core Logic: Geopolitical risks in the Middle East remain, and international energy commodity futures prices are strong, boosting domestic energy - chemical commodity futures prices. Although the IEA member countries agreed to release 400 million barrels of strategic reserve crude oil (the US will release 172 million barrels), the cost - driven logic of synthetic rubber remains. The synthetic rubber futures showed a strong performance on Thursday night [7]