FUNTI · MORNING BRIEF
Today, start with these 9
October 31, 2026 · Mobile edition
01 HIGHLIGHTS · CHINA
The UK has begun discussing EV tariffs on China in step with the EU
On October 15, UK Trade Minister Lord Sarwar said Britain is discussing EV tariffs on Chinese vehicles with European partners, advocating a unified UK-EU approach; …
two-wheelers are not named yet, but the "follow-the-EU" rhetoric is spreading—watch po …
02 HIGHLIGHTS · EU
Dedicated two-wheeler policy check today
No new official documents on two-wheeler export tariffs, destination-market access, or subsidies were obtained for October 31; the EU hybrid-vehicle quota plan and the NEV export tax rebate adjustment were both covered in the Oct 29–30 briefs.
no new variable today that requires immediate quote changes—finish the FX hedging and …
03 RAW MATERIALS
[Flagged move · Lithium carbonate] Close confirms a break below RMB 89,000
On October 30, GFEX lithium carbonate main contract settled at 88,500 yuan/ton, down 2,640 yuan (-2.90%) from the previous session's settlement of 91,140, with an intraday low of 88,040 yuan/ton and open interest down 18,500 lots
the cost-reduction direction is clear—revalue in-stock cells and packs weekly;
04 RAW MATERIALS
Only 10 days left on the rare-earth control suspension
NdFeB permanent magnet materials and parts containing dysprosium or terbium remain on the export control list, with the suspension running until November 10, 2026
lock Q1 Dy/Tb-bearing magnet volume and price today
05 RAW MATERIALS
Copper, aluminum, steel
No fresh same-day quotes for copper, aluminum, steel, or silicon steel were obtained for October 31 (Saturday); the latest verifiable references are SHFE copper around 108,000 yuan/ton, A00 aluminum around 23,500 yuan/ton, …
copper remains the largest upside risk on the cost side—lock November copper volume in …
06 RAW MATERIALS · CHINA
FX: midpoint hits a new 52-week low
On October 30, the CNY/USD central parity was 6.7138, 9 pips weaker than the previous day and the weakest in 52 weeks; Bank of China's October 31 quotes: USD spot buy 664.49, sell 667.28, reference rate 671.38
settle all October–November USD receivables today—hedge what can be hedged
07 OVERSEAS · MEXICO
Mexico's e-motorcycle share is expected to double in two years
Industry analysis projects e-motorcycles' share of the Mexican market rising from about 10% in 2024 to about 20% in 2026; …
plan ABS-equipped configurations for Mexico-bound models from the start and turn compl …
08 OVERSEAS
African port congestion keeps worsening
Average transit time through Mombasa has stretched from about 35 days to around 50 days, with 2025 throughput up to 45.45 million tons and double-digit growth for a second straight year; …
schedule Africa-bound orders to a 50-day lead time and leave demurrage buffer in quotes= …
09 OVERSEAS · BRAZIL
Brazil CKD duty-free quota countdown—61 days
The zero-tariff import quota for CKD and semi-knockdown kits expires December 31, leaving 61 days as of today
secure November sailing space and prepare certificates of origin and documents this week …
FUNTI · Taizhou Fangxiang Technology Co., Ltd. · Auto-generated
Figures are compiled from public market sources; verify before commercial use.
