If you are looking for an API that shows you the prices of commodities such as rice in euros. Then I recommend that you continue reading this article. Here you will find information on how these APIs are used and also information about it. Go ahead and don’t miss any details.
Rice is a very valuable commodity. This is because it is the basis of the food supply in many regions. It should be noted that this product is harvested with mechanical harvesters that are responsible for cutting the plant. It is also an important component of all economies because of the benefits it generates.
The financial system for rice is very distorted. Rice cultivation has constituted the bulk of agricultural production and employment in most developing economies in Asia, by far the largest producer of this staple food. The surplus products come from a few nations, mostly in Asia, while the demand for imports comes from a variety of countries around the world.
For this reason, if you are thinking of investing in the rice industry, knowing the price in Euro is vital. It is one of the strongest currencies in the world. It is the second most important, after the dollar. So, if you want to know how to see rice prices in euros, I recommend you to use Commodities-API.
How Does It Work?
1. Search in your browser for www.commodities-api.com and log in to get your API key.
2. Search for the symbols of the commodity in question and the currency of your choice.
3. Once you have them, insert both and make the API call.
4. The software will give you different answers, you have to select the type of programming language you want to see it in.
Commodities-API gathers information from banks and the stock market and then uses it to provide you with the most reliable and secure data. Aside from that, this API employs bank-grade 256-bit SSL encryption, ensuring that your connection is always secure.
Currently, there are over 170 options on the list. Recently, cryptocurrencies have been added. In the market for this type of API, there is something truly unique and one-of-a-kind. The precision of Commodities-API is about 2 decimal points. The data is refreshed every 60 seconds, and you can make up to 100,000 API requests in a single month.