On October 3, the third day of the holiday, let's first explain three things directly related to shipment clearly:The central parity of the RMB rose above 6.74, the SCFI fell twice in a row before the holiday, and the high U.S. tariffs on branded/patented drugs took effect on October 1.There is also a 10-day countdown to new FCC certification regulations.General Administration of Customs of ChinaThe new regulations for the inspection of recycled pulp are implemented, and the items are checked as follows, with the sources attached to key data.
1. The central parity of the RMB is 6.7351, an increase of 60 basis points from the previous trading day
The People's Bank of China authorized China Foreign Exchange Trading Center to announce that the central parity of the RMB exchange rate in the inter-bank foreign exchange market on October 2 was1 US dollar was 6.7351 yuan, up 60 basis points from the previous trading day (6.7411);1 Euro to RMB 7.6215, and 100 yen to RMB 427.27. The onshore RMB against the US dollar closed at 6.7286 on October 2, and the offshore price was around 6.7242. The price difference between domestic and foreign currencies remained within a reasonable range. October 3 is closed during the holiday, and the median price quote remains the same as October 2, with no new changes.
Direct implications for export factories: In the calculation of the quotation for receiving orders in US dollars, the exchange rate assumptions should be updated. For those who were still locking prices above 6.74 last month, the foreign exchange settlement window has now moved forward; if you have forward US dollars in exchange, you can re-check the lock-in cost with the bank. Source:Financial Investment Foreign Exchange Network reported the mid-price on October 2.
2. SCFI closed before the festival: 3,662.30 points, the pattern of a strong United States and a weak Europe continues
The Shanghai Shipping Exchange released on September 30, and the last issue of the Shanghai Export Container Freight Index (SCFI) report before the holiday was reported3,662.30 points, down 24.32 points or 0.66% from the previous period, fell for two consecutive weeks; China's Export Container Freight Index (CCFI) reported 1,923.93 points, a slight increase of 0.3%. View by route:
- U.S. West: US$7578 per FEU, up 1.54% weekly; U.S. East: US$10528 per FEU, up 0.3% weekly, and U.S. freight rates remain high;
- European line: US$2199 per TEU, down 4.9% weekly; Mediterranean line: US$2996 per TEU, down 2.3% weekly. European ground line continues to be under pressure;
- Southeast Asia: US$1171 per TEU, up 0.4% weekly, and the near-ocean line is stable.
The structure is clear: the trans-Pacific route is supported by pre-holiday stocking and tight cabin space, while the European ground line is dragged down by weak demand and new ship delivery. For factories that ship after the holiday, order space to Europe and the United States must be discussed separately-the US line will lock the space as early as possible, and the European line will have room for bargaining. Source:Report by the Industrial and Commercial Times on October 1 (citing data from the Shanghai Air Exchange on September 30).
3. High U.S. tariffs on branded/patented drugs will take effect on October 1
Starting October 1, the United States will impose a tariff rate of up toone hundred percent; The exception is companies that have established or started building pharmaceutical factories in the United States, which can be exempted. Pharmaceutical companies exporting raw materials, intermediates and preparations to the United States, as well as fine chemical factories in the industrial chain, need to re-evaluate their customers 'procurement strategies-the exemption conditions point to "building factories in the United States," which means that some customers may accelerate the deployment of preparations. Moving the link to the United States will have a knock-on impact on the procurement structure of the upstream supply chain.
4. Countdown to the new rules on FCC equipment certification: Effective on October 13
The Federal Communications Commission (FCC)'s revised Coverage List rules will be releasedOfficially implemented on October 13: As long as the equipment is equipped with "logical bearer hardware components"(main control chips, MCUs, wireless modules, etc.) produced by the companies in the list, it will not be able to obtain new FCC equipment certification. Existing certified products will not be traced back, but new products and hardware iterations need to go through the certification path.
As a factory exporting consumer electronics, smart home, and wireless equipment to the United States, there are two things you should do on the first day after the holiday: check whether the chip and module suppliers in the BOM of your own products are on the list; and confirm with the certification body whether the submission date of in-transit certification can be before October 13. Source:Global Customs Compliance Weekly Report (October 2).
5. Announcement No. General Administration of Customs of China144: Add microbial testing to imported recycled pulp
General Administration of Customs of China Announcement No. 144 of 2026 clarifies that starting from October 1, inspection requirements for key microbial indicators will be added to imported recycled pulp, based on the new version of the national standard "recycled pulp"(GB/T 43393-2026). Note for enterprises related to paper packaging and pulp trading: After inspection requirements are tightened, the import customs clearance cycle may be lengthened. For export factories that rely on imported recycled pulp as packaging materials, it is recommended to increase the safety line of raw material inventory. Source:Shangguan News publishes the full text of QHG 0Q announcement.
6. Many shipping companies have extended the container-free period on National Day, reducing the pressure on returning containers after the festival
Before and after the holidays, COSCO Shipping Container Shipping, CMA CGM, Maersk, Evergreen, ONE, Hapag-Lloyd and other shipping companies successively announced the National Day export container arrangements: CMA CGM will provide a free shipment period of 10 natural days for the mainland of China export goods loaded with suitcases from September 23 to October 2; COSCO Shipping will extend the container exemption for an additional 1 to 7 days based on the sailing date from October 4 to 10; Evergreen will exempt specific section shipment fees for exporting ships from October 1 to 14; Maersk will grant a total container-free period of 8 to 14 days for eligible goods;ONE will exempt container fees for export goods from Central China, North China and Fujian from October 1 to 7. Most dangerous goods and special boxes are not applicable, and the detailed rules of each announcement shall prevail.
7. Three things foreign traders should do during the holidays
- Exchange rate verification: Update the exchange rate assumption in the quotation from above 6.74 to below 6.74, and re-verify the lock-in cost of forward collection;
- Targeted certification: For wireless equipment involving the United States, the BOM and in-transit certification will be verified before the implementation of the new FCC regulations on October 13;
- Arrange shipping space: For shipment orders after the holidays, lock the cabin early for the US line and negotiate the price for the European line. Don't use the same strategy to deal with two moving markets.
common problems
1. Will the median price change during the holidays or wait for the quote on October 3?
October 3 is closed during the holiday, and the median price remains the same as October 2, with no new changes. During holidays, settlement and sales of foreign exchange is based on the bank's real-time quoted price, and actual transactions usually have a bid-ask spread based on the median price.
2. Will U.S. freight rates fall after the holiday? Should we wait to book?
The U.S. West and U.S. East were still rising slightly before the holiday. The market judged that there was support for the recovery of cargo volume after the holiday, but whether the increase could continue depends on the shipping company's announcement of a increase in late October. Don't bet on callbacks for urgent orders. Regular orders can be compared with the quotes after week 41.
3. Our wireless module suppliers are not on the list, so do we not need to worry about the new FCC regulations?
The rules are for devices that "carry logical bearer hardware components produced by companies on the list." Even if the module supplier is not included in the list, when the complete machine is updated and re-certified, it is still recommended that the module supplier issue a written confirmation to avoid rework caused by changes in subsequent audit standards.
--Qihang AI Foreign Trade Research Institute·Let China Intelligent Manufacturing Set sail to the sea| Foreign trade customer consultation: 180-0327-6609
