Rice it’s surely one of the most important commodities in the world. It is a vital factor of nutrition for much of the population in Asia, Latin America, and Africa. In 2019, China produced over 200 million tonnes of rice and was followed by India, with a production of 177 million tons.
It has a lot of variants, like arborio rice, basmati rice, among others, and it’s the key food in dishes like sushi and risotto, which represent communities and cultures. Rise is also very good for the human body since its proteins have antiviral, antibacterial, and antifungal effects. Besides, it helps to reverse anemia.
Having in mind how important this commodity is for the entire world, you must know its price in different currencies if you want to improve your business or are considering investing in the industry. This can be done through an API, which is a link between two computers or applications so they can talk to each other.
How To Get An API For Rice Rates Around The World
You need to use Commodities-API, an online API that gives you updated information about different commodities rates, such as rice, sugar, wheat, among others. This information can be given in any currency you prefer, from a large list with more than 170 options, and it has an accuracy of 2 decimal points. Besides, you can get updated data every 60 seconds and 100.000 monthly API calls.
How Does It Work?
To get the information, you need to log in to the website, obtain an API key and then select the currency and the metal you want to obtain. It’s as simple as that and you can use the API as you wish.
Commodities-API uses JSON API, or JavaScript Object Notation, which is an encoding approach designed to eliminate the need for each application to create its own ad-hoc code in order to connect with servers that interact in a predefined way. The JSON API module implements entity types, bundles, and fields, as well as data storage and data structures.
Where Does The Information Come From?
Commodities-API gets information from banks and the stock market, so you can trust that the data you’ll obtain is reliable and safe. Besides, this program uses bank-grade 256-bit SSL encryption to protect your connection.
Also published on Medium.