FUNTI · MORNING BRIEF
Today, start with these 10
October 30, 2026 · Mobile edition
01 HIGHLIGHTS · CHINA
EU-China hybrid quota framework takes shape
Bloomberg, citing EU officials, reports the quota is set at 350,000 units per year, rising 6% annually, to be implemented as early as December 2026 for a four-year period; …
Once the "quota plus over-quota tariff" model is in place for cars
02 HIGHLIGHTS
NEV export tax rebate adjusted
Per MOF/STA Announcement No.
The formal document names only new energy vehicles — whether electric two-wheelers are c …
03 RAW MATERIALS
[Flagged move] Lithium carbonate breaks below 90,000 yuan/t
GFEX lithium carbonate futures gapped sharply lower on Oct 30, trading at 88,360 yuan/t in early morning, down more than 8%, with an intraday low of 88,320 and amplitude above 5%; open interest rose above 460,000 lots.
a single-day break below 90,000 is a trend signal
04 RAW MATERIALS
Lithium spot softening in tandem, inventories building
Baiinfo industrial-grade lithium carbonate for the week to Oct 26 stood at 94,000 yuan/t, down 5.05% week-on-week, with factory inventories at 29,065 tons, up 1,960 tons weekly; …
spot is falling slower than futures while inventories climb
05 RAW MATERIALS
RMB fixing hits 52-week high
The Oct 29 central parity was 6.7147, 18 pips stronger than the previous day and the strongest in 52 weeks; BOC's Oct 30 card rates show cash spot buy at 665.13 and the reference rate at 671.47.
the margin handed back by lithium's decline is being eaten by RMB strength — attach FX …
06 RAW MATERIALS
Copper steady at highs, inventories falling
No fresh copper spot quotes were captured in this search; the most recent reference is Shanghai electrolytic copper at 109,950 yuan/t on Oct 20, while SHFE and LME inventories declined week-on-week in the week to Oct 26 with resilient consumption.
copper is the biggest upside risk on the cost side — lock November harness and motor c …
07 RAW MATERIALS
No fresh quotes for aluminum, steel and magnetic materials today
No same-day new quotes were captured for A00 aluminum, rebar, silicon steel or NdFeB on Oct 30; the most recent references are the Oct 20 A00 aluminum average of 23,520 yuan/t and rebar futures at 3,070 yuan/t, both in noise ranges.
negotiate aluminum parts at current prices without locking;
08 OVERSEAS · VIETNAM
Vietnam: VinFast's ramp-up reshapes the market.
VinFast delivered 429,200 units in H1 2026, already exceeding all of 2025, with full-year guidance above 1 million units, up more than 146% YoY; Greenway (博力威) accounts for nearly 50% of its battery supply.
Vietnam's total market is growing, but top-tier procurement is locked into the VinFast s …
09 OVERSEAS · BRAZIL
Brazil: 62 days left on the CKD quota
The CKD zero-tariff quota expires in 62 days on December 31
Starting today lock November vessel space and complete certificates of origin and docume …
10 OVERSEAS · MEXICO
No new policy documents in other markets today
No new official two-wheeler tariff, access or subsidy documents for Mexico or Africa were captured on Oct 30; Bolivia's 0% consumption tax on electric motorcycles and the Philippines' zero tariff on components to 2028 were both flagged earlier.
Policy is now in "watch the milestones" mode — today's only two tasks: first-round follo …
FUNTI · Taizhou Fangxiang Technology Co., Ltd. · Auto-generated
Figures are compiled from public market sources; verify before commercial use.
