InfoLink's 314 Ah LFP ESS cell assessment held at RMB 0.360/Wh on August 5, flat after falling 2.7% the prior week. SMM's Chinese-language 314 Ah page (August 7) showed RMB 0.366/Wh, also flat. It did not corroborate InfoLink's July 29 drop. Selective Q4 concessions of ~RMB 0.010/Wh persisted (InfoLink, July 29), but these are relationship-specific and below published averages.
The instrument divergence matters more here than the level. SMM's English page quoted $47.9/kWh for 314 Ah on August 7; its own Chinese page quoted RMB 0.366/Wh, approximately $53.9/kWh at July 29 PBOC parity. InfoLink converts to $53.0/kWh. The within-SMM gap ($6/kWh) has no public reconciliation. VAT treatment (13% shifts $47.9 to ~$54.1) is the likeliest explanation but remains unconfirmed. Know which basis your contract references before pulling either number.
InfoLink 314 Ah, Aug 5: RMB 0.360/Wh (~$53.0/kWh). Flat WoW. Prior week: -2.7%.
SMM 314 Ah English, Aug 7: $47.9/kWh (-$0.10).
SMM 314 Ah Chinese, Aug 7: RMB 0.366/Wh (~$53.9/kWh).
Within-SMM gap: ~$6/kWh on the same product label, no public reconciliation.
Conversion basis: PBOC Jul 29 central parity, RMB 6.7899/$.
InfoLink method: After-tax transactions from ~20 leading manufacturers.
SMM method: Spot orders of 100-500 MWh. Excludes related-party transfers, large frameworks, rebates, warranty deductions.
Q4 concessions: ~RMB 0.010/Wh below published average, major or long-term customers only (InfoLink, Jul 29).
Lithium carbonate: InfoLink Aug 5 at RMB 140,000/MT (-2.8% WoW). SMM Aug 7 at RMB 142,750/MT (+1,250). Cells did not follow lithium lower.