South Korean Court Clears Korea Zinc’s $7.4 Billion U.S. Smelter Project, Shares Surge 
Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs 
RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist 
FDA Approves Mitapivat for Anemia in Thalassemia Patients 
U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise 
China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries 
Hyundai Recalls Over 51,000 Vehicles in the U.S. Due to Fire Risk From Trailer Wiring Issue 
Novo Nordisk Stock Surges After FDA Approves Wegovy Pill for Weight Loss 
IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding 
Waymo Plans Safety and Emergency Response Upgrades After San Francisco Robotaxi Disruptions 
Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling 
Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance 
FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccine Portfolio 
Italy Fines Apple €98.6 Million Over App Store Dominance 
Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks 
Japan Revises Economic Growth Forecast as Stimulus Fuels Consumption and Investment 
China is running out of avocados as the supply from Peru is delayed, reportedly due to the quality of the recent batch not meeting the required standards of the Peruvian government.
Only available are a limited supply of early-season plateau avocados.
According to sources, Peru has dispatched large volumes of avocados last week and the temporary supply shortage is expected to be over by early June.
A spokesperson for an avocado import company from Guangzhou noted that Peruvian avocados from large plantations should have already entered the Chinese market in large volumes by this time of the year.
Because supply is limited, the Chinese market price of Peruvian avocados is very high, with the wholesale price in Guangzhou around $29.52 per four kilograms.
A report from the US Department of Agriculture shows that Peru expects to increase avocado exports by 10 percent in 2021 to 450,000 tons.
Only about 3 percent of Peru's avocado export volume was destined for the Chinese market in 2020.
China's main avocado suppliers are still Chile, Peru, and Mexico, but other countries have obtained permission to export to China, including the US, New Zealand, the Philippines, and Kenya.
