Bulletin Updates

Lowest bidder beats the highest by an order of four — A case of commodity price compression? – 12 May 2025

May 12, 2025

The highest bidder put in nearly 4X the L1 winning bid.

ONGC’s chemical procurement highlights rising disparity between established formulation pricing and aggressive market entry tactics.

The full story is for subscribers. Log in to read it, or start a free trial.
Log in Start a free trial »