Group 1: Report Industry Investment Rating - No relevant content provided Group 2: Core Viewpoints of the Report - The Shanghai rubber futures 2601 contract and synthetic rubber futures 2601 contract are expected to run strongly on November 15, 2025, with a short - term weak trend, a medium - term oscillating trend, and an intraday strong trend [1][5][7] Group 3: Summary by Related Catalogs Shanghai Rubber (RU) - **Viewpoints**: Short - term: weak; Medium - term: oscillating; Intraday: strong; Overall reference: strongly running [1][5] - **Core Logic**: The US Senate's key step towards ending the longest federal government "shutdown" has re - inspired investors' risk appetite, and market optimism has recovered. After the enhancement of macro factors, combined with the optimistic domestic automobile production and sales data in the rubber market. The Shanghai rubber futures 2601 contract maintained an oscillating and stable trend on the night of Thursday, and is expected to maintain an oscillating and strong trend on Friday [5] Synthetic Rubber (BR) - **Viewpoints**: Short - term: weak; Medium - term: oscillating; Intraday: strong; Overall reference: strongly running [1][7] - **Core Logic**: The US Senate has reached an agreement to end the federal government "shutdown", market optimism has recovered, and investors' risk appetite has been boosted. After the enhancement of macro factors, combined with the optimistic domestic automobile production and sales data in the rubber market. The market has shifted from "expectation - driven" to "reality - dominated", and investors' sentiment has become cautious. The domestic synthetic rubber futures 2601 contract showed an oscillating and stable trend on the night of Thursday, and is expected to maintain a strong trend on Friday [7]

Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Report Core View - Both Shanghai rubber and synthetic rubber futures 2601 contracts are expected to run strongly, with Shanghai rubber showing a slightly stronger trend in the short - term and both being in an oscillatory state in the medium - term [1][5][7] 3. Summary According to Related Catalogs Shanghai Rubber (RU) - **View**: Short - term is weak, medium - term is oscillatory, intraday is strong, and the reference view is strong operation [1][5] - **Core Logic**: The U.S. Senate's key step to end the federal government "shutdown" re - stimulates investors' risk appetite, and market optimism recovers. With the enhancement of macro factors and a decent supply - demand structure in the rubber market, the domestic Shanghai rubber futures 2601 contract maintained an oscillatory and stable trend on Tuesday night, with the futures price slightly rising 0.03% to 15,140 yuan/ton. It is expected to maintain an oscillatory and strong trend on Wednesday [5] Synthetic Rubber (BR) - **View**: Short - term is weak, medium - term is oscillatory, intraday is strong, and the reference view is strong operation [1][7] - **Core Logic**: The U.S. Senate's agreement to end the federal government "shutdown" boosts market optimism and investors' risk appetite. With the enhancement of macro factors and a decent supply - demand structure in the rubber market, the market has shifted from "expectation - driven" to "reality - dominated", and investors' sentiment has become more cautious. The domestic synthetic rubber futures 2601 contract showed an oscillatory and strong trend on Tuesday night, with the futures price slightly rising 0.97% to 10,375 yuan/ton. It is expected to maintain a strong trend on Wednesday [7]

Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Report's Core View - Both Shanghai rubber (RU) 2601 and synthetic rubber (BR) 2601 are expected to run strongly, with a short - term weak trend, a medium - term oscillatory trend, and a strong intraday trend [1][5][7] 3. Summary by Related Catalogs Shanghai Rubber (RU) - **Price Performance**: On the night session of Monday this week, the domestic Shanghai rubber futures 2601 contract maintained an oscillatory and stable trend, with the futures price slightly rising 0.76% to 15,160 yuan/ton [5] - **Driving Logic**: The Senate of the US Congress has reached an agreement to end the federal government "shutdown", which has improved market optimism and boosted investors' risk appetite. After the enhancement of macro factors, combined with the acceptable supply - demand structure of the rubber market, it is expected that the Shanghai rubber 2601 contract may maintain an oscillatory and strong trend on Tuesday this week [5] Synthetic Rubber (BR) - **Price Performance**: On the night session of Monday this week, the domestic synthetic rubber futures 2601 contract showed an oscillatory and strong trend, with the futures price slightly rising 0.83% to 10,285 yuan/ton [7] - **Driving Logic**: The Senate of the US Congress has reached an agreement to end the federal government "shutdown", which has improved market optimism and boosted investors' risk appetite. After the enhancement of macro factors, combined with the acceptable supply - demand structure of the rubber market. The market has shifted from "expectation - driven" to "reality - dominated", and investors' sentiment has become more cautious. It is expected that the domestic synthetic rubber futures 2601 contract may maintain a strong trend on Tuesday this week [7]

Group 1: Report Industry Investment Ratings - There is no information about the report industry investment rating in the provided content. Group 2: Report's Core Views - The short - term and intraday views of both沪胶 (RU) 2601 and合成胶 (BR) 2601 are偏弱, and the medium - term view is震荡. The reference view for both is偏弱运行 [1][5][7]. Group 3: Summary by Relevant Content 沪胶 (RU) - Core Logic: Recent hawkish remarks from some Fed officials, the potential delay of October CPI data due to the US government shutdown, and the impact on US economic resilience have led to a weaker macro - atmosphere, offsetting the positive demand support in the rubber market. On the night of last Friday, the domestic沪胶 futures 2601 contract showed a slightly weaker trend, with the price closing 0.20% lower at 14,995 yuan/ton. It is expected to maintain a weaker trend on Monday [5]. 合成胶 (BR) - Core Logic: Similar to沪胶, recent hawkish remarks from Fed officials, the potential delay of October CPI data, and the impact on US economic resilience have made the market shift from "expectation - driven" to "reality - dominated", and investors have become more cautious. On the night of last Friday, the domestic合成胶 futures 2601 contract showed a weaker trend, with the price closing 0.73% lower at 10,160 yuan/ton. It is expected to maintain a weaker trend on Monday [7].

Report Summary 1. Report Industry Investment Rating - No investment rating information is provided in the report. 2. Report's Core View - For both Shanghai rubber (RU) 2601 and synthetic rubber (BR) 2601, the short - term view is "shock", the medium - term and intraday views are "shock and weak", and the reference view is "weak operation". The weak supply - demand situation dominates, leading to a weak and volatile trend for both [1][5][7]. 3. Summary by Related Categories Shanghai Rubber (RU) - **Price and Performance**: On Tuesday night, the domestic Shanghai rubber futures 2601 contract maintained a shock - weak trend, with the futures price slightly down 0.77% to 14,845 yuan/ton. It is expected to maintain a shock - weak trend on Wednesday [5]. - **Driving Logic**: After the meeting between the Chinese and US presidents in Busan, South Korea, although there were positive developments in economic and trade tariffs, the overall results were slightly lower than market expectations. As the macro - long sentiment faded, the driving force of macro factors weakened, and the market saw profit - taking. The rubber market has returned to being dominated by supply - demand fundamentals, putting pressure on rubber prices [5]. Synthetic Rubber (BR) - **Price and Performance**: On Tuesday night, the domestic synthetic rubber futures 2601 contract showed a shock - weak trend, with the futures price slightly down 0.83% to 10,095 yuan/ton. It is expected to maintain a shock - weak trend on Wednesday [7]. - **Driving Logic**: Similar to Shanghai rubber, after the meeting between the Chinese and US presidents, the positive results in economic and trade tariffs were slightly lower than expectations. As the macro - long sentiment faded, the driving force of macro factors weakened, and the market entered a "reality - dominated" stage, with investors becoming more cautious [7].