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Plum Creek Timber Biding Its Time
2015-08-12 15:26:01| Paper - Topix.net
Construction activity remains persistently below the level where sawlog prices are expected to head higher, and export demand is sluggish amidst China's own housing market issues. Long-term supply and demand trends should be favorable and comparable transactions support a $47 net asset value, but a dramatic inflection point is harder to see.
Tags: time
creek
timber
plum
Category:Materials