For the moment, next-day delivery is the main benchmark of quality in the industry.
The main benchmark oil quoted in the United States, West Texas Intermediate, has fallen much more sharply than Brent crude, closing Tuesday at $75.67 a barrel, down $1.94.
Fewer than 20% of pupils achieved five good GCSE passes, including mathematics and English (the main benchmark for secondary students, involving exams commonly taken at 16).
Even investment-grade bond funds require scrutiny — a lesson taught last year, when the average intermediate-term fund lost nearly 5percentt while the main benchmark, the Barclays Capital aggregate index, gained a bit over 5percentt, according to Morningstar.
Mr. Zhou said this month that many banks appeared to have stepped up new lending to drive down their percentage of all outstanding loans classified as nonperforming, the main benchmark Beijing has used to measure banks over the last two years.
The main benchmark oil contracts — light sweet crude traded on the New York Mercantile Exchange and the Brent contract traded at ICE Futures Europe in London — are quoted in dollars, as are the other important commodities contracts globally like gold, copper and wheat.
It also sits uneasily with their strategy of turning their debt into the main benchmark for fixed-income securities, replacing Treasury bonds, and with plans to sell their debt to retail investors as a low-risk investment.There are big questions, too, about the quality of their lending and risk management.
Prices have staged only a partial recovery: West Texas Intermediate (WTI), one of the main benchmark prices for crude, was just above $100 a year ago and hit a low of around $44 in March; it had recovered to just $60 by the middle of this week.
MDCD-Lin: Motion and disparity compensated linear fusion is the main benchmark.
The triangle and squares denote the locations of the Kengamine peak of Mount Ontake volcano and the main benchmarks, respectively.
