FUNTI's daily electric motorcycle market brief for October 8, 2026: raw material prices, overseas market regulation and China export data, compiled from public sources for importers, distributors and fleet operators.
FUNTI MARKET INTELLIGENCE · October 8, 2026
① Today's Highlights
- First day of full reopening: customs, the China Foreign Exchange Trade System and domestic commodity markets fully reopen on October 8; the Shanghai Futures Exchange will run call auction for all futures and options contracts from 08:55 to 09:00 on October 8, with night trading resuming the same evening. Bottom line: policy and market variables start being released again today — watch the opening direction before locking prices or placing procurement orders; the holiday silence ends here (SHFE holiday schedule notice, 2026-09-18).
- PBOC injects RMB 1.2 trillion today: to keep banking-system liquidity ample, the People's Bank of China will conduct a RMB 1.2 trillion outright reverse repo on October 8 via fixed-quantity, rate-based tender with multiple-price allotment. Bottom line: post-holiday liquidity is being pre-emptively supported — funding cost and settlement pressure should stay manageable; schedule post-holiday stocking and production funds on this expectation (PBOC announcement / People's Wealth Wire, 2026-09-30).
- PBOC raises gold holdings for a 23rd straight month: gold reserves reached 77.47 million ounces (about 2,409.59 tonnes) at end-September, up 740,000 ounces (about 23.02 tonnes) month on month. Bottom line: official reserves keep diversifying — usable as background support for RMB pricing and cross-border settlement stability (Xinhua Finance / Jiemian Morning Brief, 2026-10-08).
- Fed minutes show division; US Treasury yields stay high: the Fed's September meeting minutes show internal disagreement over the characterization of the hike, with one more hike possible this year; the 10-year US Treasury yield briefly rose to 5.365%, the highest since April 2002, US equities closed lower across the board, and Brent crude briefly topped USD 100 a barrel. Bottom line: both the USD risk-free rate and energy prices are elevated — the tenor and funding cost of USD-denominated quotes must be recalculated (Eastmoney / Cailian Press, 2026-10-08).
- National Day travel volume published: from October 1 to 7, cumulative cross-region passenger trips nationwide are estimated at 2.144 billion, averaging 306 million per day. Bottom line: travel activity clearly rebounded — watch store-level sell-through and after-sales intake for the coming week (Ministry of Transport / China Securities Journal, 2026-10-08).
② Raw Materials & FX
- FX: the interbank FX market reopens on October 8, and the RMB central parity is published at 9:15; at the time of this report (about 8:20) it had not yet formed, so no new October 8 central parity was available — the latest official print before the holiday remains 6.7351 on September 30 (reported October 7). Bottom line: do not lock long-tenor prices this morning — mark all customer quotes as "to be reconfirmed after today's central parity is published" (CFETS reopening schedule, 2026-10-08).
- Latest pre-holiday metals prints (September 30 close): SHFE copper main contract 110,370 RMB/t, aluminum 23,945 RMB/t, Shanghai crude 695.7 RMB/bbl. Bottom line: these are static pre-holiday numbers and do not set today's pricing — the first-hour gap after reopening is the new benchmark; no rush to fix long-term orders this morning (SunSirs, 2026-09-30).
- Lithium pre-holiday close: the lithium carbonate 2610 contract closed at 119,780 RMB/t on September 30, down 0.23% on the day. Bottom line: battery-pack concessions must wait for actual post-reopening trades to validate — today's quotes should still leave room for a gap (Eastmoney / Guangzhou Futures Exchange, 2026-09-30).
③ Overseas Markets
- India's central bank hikes: the Reserve Bank of India raised its repo rate by 25bp to 5.50% on October 7, its first hike since February 2023, citing intensifying inflation pressure. Bottom line: India is a large potential market for two-wheelers and e-motorcycles; higher rates raise end-consumer installment costs — watch the rupee and local dealers' stocking pace near term (Eastmoney, 2026-10-08).
- Two-wheeler exports stay buoyant: per customs data, in January–August 2026, cumulative exports of electric two-wheelers and 50cc-plus motorcycles reached USD 15.05 billion, up about 27.8% year on year; August alone was USD 2.05 billion, up 28.1% year on year (down 0.6% month on month). Bottom line: the export market keeps near-30% growth on a high base — plan peak-season production and stocking on a positive view (Robo Research, 2026-09-25).
- Trade-show milestone: the 2026EMP Guangzhou E-bike & Motorcycle Parts Expo is set for October 10–12, held alongside the autumn Canton Fair, with 500-plus exhibitors and buyers from over 80 countries. Bottom line: this week is the window to bring samples and meet Southeast Asian, Middle Eastern and South American buyers — have certification and quote documents ready (GoodExpos, 2026-09-15).
- Policy check across key markets: no new e-motorcycle access, tariff or subsidy documents were found for Southeast Asia, Latin America or Africa on October 8; Hanoi's low-emission zone pilot, Indonesia's TKDN local-content rules and purchase subsidies, and Brazil's CKD quota are all in execution phase with no new official statements. Bottom line: overseas, today's variable is not policy but open orders — verifying certificates shipment by shipment remains the first action (public sources, 2026-10-08).
FUNTI · Taizhou Fangxiang Technology Co., Ltd.
Daily electric motorcycle market brief for importers, distributors and fleet operators. Figures are compiled from public market sources and industry associations; verify before commercial use.
