FUNTI · MORNING BRIEF
Today, start with these 10
October 24, 2026 · Mobile edition
01 HIGHLIGHTS
Export licence filing moves to local review
Local commerce authorities must finish first-round review and upload to MOFCOM by October 28. The corporate submission window closed on October 23 and late filings are no longer accepted, so only four days remain.
reconcile every declared model price against the quotation on hand
02 HIGHLIGHTS
New CCC e-bike rules take effect November 1
E-bikes must follow "one bike, one battery, one charger, one code" from November 1. The State Administration for Market Regulation has upgraded certification rules for three product categories, …
electric motorcycles are outside the e-bike catalogue
03 HIGHLIGHTS · EU
Europe's tariff front widens to the UK
A UK trade minister said on October 15 that Britain is discussing tariffs on Chinese EVs with European partners. He favours moving in step with the EU; MOFCOM responded on October 19 urging London to "think twice".
no formal UK measure yet, but avoid fixed-tariff clauses beyond one year;
04 RAW MATERIALS
Lithium futures rebound 3.29%, spot still falling
GFEX lithium carbonate closed at 97,280 yuan/t on October 23, up 3,100 yuan (+3.29%) from 94,180. The intraday range was 90,880 to 97,520.
the relief is real, but buyers appeared near 90,000 on Friday;
05 RAW MATERIALS
Copper and aluminium rise, adding 2–4 yuan per unit
SHFE copper closed at 108,360 yuan/t on October 23, up 1,050 yuan (+0.98%). Spot 1# cathode was 108,830 yuan/t, down 850 yuan.
futures strong, spot weak — this is money flow, not demand;
06 RAW MATERIALS
Steel flat, no silicon steel or NdFeB quotes obtained
Rebar futures closed at 3,042 yuan/t (−0.03%) and hot-rolled coil at 3,202 yuan/t (−0.12%) on October 23, leaving frame steel costs essentially unchanged.
the rare-earth control pause expires on November 10;
07 RAW MATERIALS · CHINA
Forward discount widens to 524 pips, hedging late costs more
The USD/CNY central parity was 6.7180 on October 23, 15 pips stronger than the previous day. Bank of China quoted USD cash-remittance buying at 666.06 at 05:30 on October 24, with one-month forward buying at 664.02 and three-month at 660.82
hedge longer terms — three months keeps 0.78 points that waiting would surrender;
08 OVERSEAS
VinFast two-wheeler deliveries up 311% in Q2
VinFast delivered 286,000 two-wheelers and e-bicycles in Q2 2026, up 311% year on year. It also delivered 70,085 EVs (+20% QoQ, +96% YoY) on revenue of 30.34 trillion VND, about USD 1.204 billion (+85.5% YoY), …
the two-wheeler volume is in Vietnam, not overseas;
09 OVERSEAS · PHILIPPINES
Philippines EVAP closes today
The 14th EVAP 2026 runs October 22–24 at the SMX Convention Center in Manila, with today the final day. Under Executive Order No.
the 48 hours after a show are the closing window;
10 OVERSEAS · MEXICO
Mexico's tariff effect is now visible
Mexico raised light-vehicle tariffs on non-FTA countries from 20% to 50% on January 1, 2026. China's vehicle exports to Mexico fell 25% year on year to 210,000 units in the first half of 2026; …
tariffs hit declared export volume first;
FUNTI · Taizhou Fangxiang Technology Co., Ltd. · Auto-generated
Figures are compiled from public market sources; verify before commercial use.
