Group 1 - Synthetic rubber futures experienced a sharp decline, with the main contract dropping to a low of 12,625.0 yuan and closing at 12,805.0 yuan, reflecting a decrease of 3.83% [1] - The BR2604 contract is expected to fluctuate in the range of 12,500 to 13,500 yuan in the short term, influenced by high supply and slow buying interest due to high prices [2] - Domestic tire manufacturers showed mixed capacity utilization rates, with some benefiting from foreign trade orders, while overall capacity utilization may decline as production approaches the end of the season [2] Group 2 - The BR market is supported by a reduction in supply due to lower operating rates, while the raw material side is expected to see an increase in domestic production capacity [3] - Synthetic rubber is anticipated to experience high volatility before the holiday, with caution advised against aggressive trading due to high prices and overall market weakness [3] - The domestic supply of butadiene is expected to remain tight in the first half of the year, impacting the synthetic rubber market [3]