宝城期货橡胶早报-20260330

Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Report's Core View - The report predicts that both Shanghai rubber (RU) and synthetic rubber (BR) will show a tendency of oscillating on the stronger side. For Shanghai rubber, it will be in an oscillating state in the medium - term and oscillating on the stronger side in the short - term and intraday. For synthetic rubber, it will be oscillating on the stronger side both in the short - term, medium - term, and intraday [1][5][7]. 3. Summary by Related Catalogs Shanghai Rubber (RU) - Short - term: Oscillating on the stronger side [1] - Medium - term: Oscillating [1][5] - Intraday: Oscillating on the stronger side [1][5] - Core Logic: The US is trying to ease the financial market tension and boost risk preference. The military conflicts between the US and Iran over the weekend led to a significant rebound in international crude oil futures. Under the bullish atmosphere, Shanghai rubber futures contract 2605 maintained an oscillating and consolidating trend on the night of last Friday. It is expected to maintain an oscillating and stronger trend on Monday [5]. Synthetic Rubber (BR) - Short - term: Oscillating on the stronger side [1][7] - Medium - term: Oscillating on the stronger side [1][7] - Intraday: Oscillating on the stronger side [1][7] - Core Logic: The significant increase in synthetic rubber futures is driven by the continuous rise in the price of upstream raw material butadiene. Geopolitical disturbances in Northeast Asia and the concentrated load reduction of cracking units in Japan and South Korea have tightened the supply of butadiene, and the inventory at East China ports has been continuously decreasing. The strong rise in the raw material end is directly transmitted to the synthetic rubber futures market. After the military conflicts between the US and Iran over the weekend and the rebound of international crude oil futures, the domestic synthetic rubber futures maintained an oscillating and weaker trend on the night of last Friday, and it is expected to maintain an oscillating and stronger trend on Monday [7].