China's road logistics price index dips

BEIJING, April 1 (Xinhua) -- China's road logistics price index edged down 0.05 percent week on week from March 25 to 29, industry data shows.

The price index stood at 1,024.57 points last week, according to a survey jointly conducted by the China Federation of Logistics and Purchasing and the Guangdong Lin'an Logistics Group.

The sub-indices for all types of vehicles fell slightly week on week. The figure for full-truckload logistics price, which primarily measures bulk commodity and cross-regional transportation, dipped 0.06 percent on a weekly basis to 1,025.79 points.

The survey attributed the price drop to slower demand growth amid generally stable supply. It predicted that the price index may continue a comparatively stable trend in the next stage.