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London copper prices dip after US jobs data

Business World Philippines

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December 18, 2025

Copper prices retreated on Tuesday as investors assessed the latest US jobs data while thin year-end liquidity exacerbates price swings.

Benchmark three-month copper on the London Metal Exchange (LME) lost 0.3% to $11,624.50 a metric ton by 1720 GMT. It hit a record of $11,952 on Friday on concern over tight supply.

The US data showed the November unemployment at more than a four-year high, though the recent government shutdown created some uncertainty over what this report means for the economy and the US Federal Reserve's policy outlook.

MEER VERHALEN VAN Business World Philippines

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Chicago soybeans, corn slip ahead of USDA report

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Ayala Land partners with Abba's Orchard for Vermosa campus

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One Battle, Hamnet claim top movie trophies at Hollywood’s Golden Globes

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PSEi soars to 6,400 level on BSP rate cut hopes

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Meralco rates go down in January

OVER EIGHT MILLION customers of Manila Electric Co. (Meralco) will see lower electricity bills this month as the power distributor announced a rate cut on Monday.

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Peso slips vs dollar as markets eye Fed policy path

THE PESO slipped against the dollar on Monday as markets keep a close eye on the US Federal Reserve, with data showing it could keep rates steady but with fresh attacks by US President Donald J. Trump on Fed Chair Jerome H. Powell threatening its independence.

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Seeking VAT zero-rating certainty after CREATE MORE

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Miguel Tabuena fails to secure LIV Golf stint

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Aboitiz Foods acquires Singapore animal nutrition company

ABOITIZ EQUITY Ventures, Inc. said its food unit, through subsidiary Gold Coin Management Holdings Pte. Ltd. (GCMH), has completed the acquisition of Singapore-based Diasham Resources Pte. Ltd., expanding its specialty animal nutrition portfolio and manufacturing footprint in Asia.

time to read

1 min

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