TRLPC: Commodity loans weighed by Chinese stock market, impending US rate hike
July 29, 2015 at 15:36 PM EDT
NEW YORK, July 29 (Reuters) - Slumping commodity prices are hitting the secondary loan prices of iron ore, oil services and coal companies as China's stock market volatility raises fears that demand in the world's most commodity-hungry economy is cooling and global markets brace for an imminent U.S. interest rate rise.