LiBinsights.com Price Sourcing Methodology

Since 2005, LiBinsights.com has developed a network of reliable price information contributors who believe accurate transparency is in the best interest of all parties -- both buyers and sellers. We poll prices from multiple contributors by telephone until the final price range is clear to us.

Gathering prices for privately traded Li-Ion components is an art. LiBinsights.com must evaluate the reliability of price information contributors and make a judgment about the final high, low, and average price range to publish. "Privately traded Li-ion battery components" are defined here as Li-ion battery component purchased and sold privately between companies for physical delivery. These Li-ion battery components are not traded on public exchanges.

In our opinion, applying judgment to the price discovery process remains today the best method to determine privately traded Li-ion battery component prices. Our experience in making informed, accurate judgments is one of the most important values we offer to PVinsights.com subscribers.

Recent attempts have been made to eliminate judgment by creating a neutral data collection process for contributors to submit actual purchase and sales contracts. These have had limited success because: 1) Most Li-ion battery companies prefer to keep their business contracts private and out of the hands of a third party; and 2) Any company could submit false documents.