Vinylene carbonate (VC), an electrolyte additive for lithium-ion batteries, averaged 200,000 yuan/ton on July 24, up more than 40% in just over a month, Baichuan Yingfu data show. On July 23 the price jumped 20,000 yuan/ton in a single day, topping 200,000 yuan/ton for the first time in over four years. The surge spurred a sharp rally in A-share VC-related names, with multiple stocks including Furi Co. hitting daily trading limits on July 23. Market participants report tightening supply: most VC

Vinylene carbonate (VC), an electrolyte additive for lithium-ion batteries, averaged 200,000 yuan/ton on July 24, up more than 40% in just over a month, Baichuan Yingfu data show. On July 23 the price jumped 20,000 yuan/ton in a single day, topping 200,000 yuan/ton for the first time in over four years. The surge spurred a sharp rally in A-share VC-related names, with multiple stocks including Furi Co. hitting daily trading limits on July 23. Market participants report tightening supply: most VC producers are rationing volumes and have stopped shipments if payments are even one day overdue.