宏观因子改善

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宝城期货橡胶早报:宏观因子改善,橡胶震荡偏强-20250610
Bao Cheng Qi Huo· 2025-06-10 01:52
1. Report Industry Investment Rating - No relevant content provided 2. Core View of the Report - Both Shanghai rubber and synthetic rubber are expected to run strongly, with short - term and medium - term trends being oscillatory and intraday trends being oscillatory and strong [1][5][7] 3. Summary by Related Catalogs Shanghai Rubber (RU) - **Short - term, Medium - term and Intraday Views**: Short - term and medium - term are oscillatory, intraday is oscillatory and strong, with a reference view of running strongly [1][5] - **Core Logic**: Positive signals from the phone call between Chinese and US leaders, an expected cooling of the Sino - US tariff war, and upcoming Sino - US economic and trade consultations lead to stronger macro factors. Although the natural rubber production areas are in the full tapping stage with increasing supply, the macro factors outweigh the weak industrial factors. On the night session of Monday this week, the 2509 contract of Shanghai rubber futures showed an oscillatory and stable trend, with the price rising slightly by 0.22% to 13,670 yuan/ton. It is expected to maintain an oscillatory and strong trend on Tuesday [5] Synthetic Rubber (BR) - **Short - term, Medium - term and Intraday Views**: Short - term and medium - term are oscillatory, intraday is oscillatory and strong, with a reference view of running strongly [1][7] - **Core Logic**: Positive signals from the phone call between Chinese and US leaders, an expected cooling of the Sino - US tariff war, and upcoming Sino - US economic and trade consultations lead to stronger macro factors. OPEC+ is accelerating production, and crude oil demand is expected to be weak. Although the 2508 contract of synthetic rubber futures closed slightly lower by 0.27% to 11,040 yuan/ton on the night session of Monday this week, the retracement space may be limited. It is expected to maintain an oscillatory and strong trend on Tuesday [7]