FUNTI's daily electric motorcycle market brief for September 17, 2026: raw material prices, overseas market regulation and China export data, compiled from public sources for importers, distributors and fleet operators.
FUNTI MARKET INTELLIGENCE · September 17, 2026
① Today's Highlights
- The Federal Reserve raised rates by 25 basis points in the early hours of September 17, lifting the federal funds target range to 4.00% (from 3.75%) — its first hike in over three years. Chair Warsh said inflation remains too high. Higher USD asset yields pressure USD-denominated export quotes and emerging-market currencies, so USD receivables and hedging costs need to be reassessed. (Source: Sina Finance / Investing.com)
- Electric motorcycle export tariffs and market access: this search found no new substantive developments. Recent changes already reported — Vietnam's 60% CBU import tariff plus 10% VAT, Brazil's CBU tariff back at 35%, Malaysia's "price + power" dual threshold for CBU EV imports, and Togo's extension of 100% tariff relief for EVs — are not repeated here. (Source: public information search)
② Raw Materials & FX
- FX: the RMB/USD central parity was fixed at 6.7628 on September 16, 42 basis points stronger than the previous session and the highest since February 3, 2023; EUR/CNY was fixed at 7.7762 and 100 JPY/CNY at 4.3419. As of this report (before 08:00 on September 17), the September 17 fix had not yet been published. (Source: CFETS / China News Service)
- Settlement reference: Bank of China's September 17 USD telegraphic transfer selling rate was 672.62 per 100 USD, buying rate 669.80 and conversion rate 676.28 — the rate export receipts can be settled against today. (Source: Bank of China FX rates)
- Copper: LME copper closed at USD 14,250/t on September 16, up USD 135.5 (+0.96%); LME copper inventories rose 4,925 tonnes that day and 6,325 tonnes on September 15, a two-day build of over 11,000 tonnes — prices rebounded even as stocks were replenished. (Source: cngold / 10jqka / LME)
- Aluminium: the SHFE aluminium 2610 contract closed at RMB 24,180/t on September 16, up RMB 140 (+0.58%); LME aluminium stocks were unchanged. A356.2 cast aluminium alloy held at RMB 24,400/t — ingot flat, alloy conversion fees not falling, so aluminium part costs have no near-term downside. (Source: Sina Finance / Yangtze River Nonferrous)
- Lithium carbonate: on September 16 the GFEX 2701 contract opened lower at RMB 129,300/t, touched a low of RMB 124,000/t and settled near RMB 125,800/t, with open interest down 1,204 lots; SunSirs' battery-grade benchmark stood at RMB 131,000/t, down 16.03% from RMB 156,000/t at the start of September. On September 17, Mysteel's morning assessment put battery-grade at RMB 126,200/t and industrial-grade at RMB 123,700/t, another step down. (Source: SMM / SunSirs / Mysteel)
- Steel: on September 16 the market saw faster destocking and lower output, with daily trading volumes of major hot-rolled coil traders rising across 18 key Chinese cities; the September 17 steel morning note cited "rebar futures in the green and dense policy support", shifting the short-term view from bearish to bullish. (Source: Lange Steel / Steel Morning Note)
- Other metals: on September 16 Yangtze River 1# nickel averaged RMB 123,300/t, down RMB 1,850; 1# tin averaged RMB 396,800/t, up RMB 1,450; 1# magnesium averaged RMB 16,950/t, down RMB 50 — nickel and tin diverged while magnesium drifted lower. (Source: Yangtze River Nonferrous Metals)
③ Overseas Markets
- This search found no new tariff or market-access changes in Southeast Asia, Latin America or Africa. Previously reported items — Vietnam's September 30 fuel tax and fee expiry, Indonesia's 2025 e-motorcycle sales of 55,059 units, Togo's EV tariff relief and South Africa's EV white paper — saw no new developments and are not repeated. (Source: public information search)
- Two threads worth tracking: whether Vietnam extends its fuel tax and fee relief after expiry, which directly sets the pace of its ICE-to-electric switch; and USD strength after the Fed hike, which could weaken purchasing power in emerging markets and soften overseas dealer restocking in Q4. (Source: public information search)
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.
