宝城期货橡胶早报-2026-04-01-20260401

Report Industry Investment Rating - No information provided Core Viewpoints - The short - term, medium - term, and intraday views of both Shanghai rubber (RU) and synthetic rubber (BR) 2605 contracts are bullish, with an overall view of being bullish in a volatile manner [1][5][7] Summary by Related Catalogs Shanghai Rubber (RU) - Short - term view: Bullish in a volatile manner [1] - Medium - term view: Volatile [1][5] - Intraday view: Bullish in a volatile manner [1][5] - Core logic: The US is trying to ease financial market tensions and boost risk appetite. There are ongoing military conflicts between the US and Iran, and the Shanghai rubber futures 2605 contract maintained a bullish - in - volatile trend on Tuesday night, and is expected to continue this trend on Wednesday [5] Synthetic Rubber (BR) - Short - term view: Bullish in a volatile manner [1] - Medium - term view: Bullish in a volatile manner [1][7] - Intraday view: Bullish in a volatile manner [1][7] - Core logic: The sharp rise of synthetic rubber futures is driven by the continuous increase in the price of upstream raw material butadiene. Geopolitical disturbances in Northeast Asia and the concentrated reduction of cracking units in Japan and South Korea have tightened the supply of butadiene, and the inventory at East China ports has been decreasing. The strong rise in the raw material end has been directly transmitted to the synthetic rubber futures market. The synthetic rubber futures maintained a bullish - in - volatile trend on Tuesday night and are expected to continue this trend on Wednesday [7]