Would you like to acquire the rates of Arabica coffee? Well, in this post you will find what you need. We will present you with the best API to obtain the prices of the world commodity market. It is the best coffee rates API.
Arabica coffee accounts for about 70% of the world’s coffee production, and is generally considered to produce better tasting coffee. Of course, the exact flavor of a coffee depends largely on its origin, processing method, and other factors. Arabica is considered the best coffee bean, since although it has less body than robusta, it is more balanced, aromatic and has a very pleasant acidity. Also, it has less caffeine than other varieties. Arabica has between 0.8% and 1.4% caffeine, far from the 4% that a robust coffee can have.
The Arabica coffee tree grows between 500 and 2,400 meters above sea level, in humid areas with a warm climate, and the height at which it is grown influences its quality. 100% Arabica coffee that is grown above 1,000 (and even 2,000 meters) is considered the highest quality. However, this also greatly influences its price. Arabica coffee varieties are grown at higher altitudes than robusta, which implies greater difficulty when harvesting the fruit. Furthermore, Arabica coffee trees are less productive and less resistant to pests.
To obtain Arabica coffee rates, many commodities exchanges handle this service. However, accessing them has a cost. In case you are looking for a free alternative (or with a cheaper price), we will offer you an option. Its name is Commodities-API and it is the best commodities rates API.
What is Commodities-API?
Commodities-API is a very new tool but it quickly became very famous. In case you didn’t know, this service is used by thousands of developers, SMEs and large corporations, who guarantee the excellence of this platform. Some of their clients are very famous companies like Barrick, Metex, Mansour and Injective Protocol, among others.
As its name explains, this system is an API (Application Programming Interfaces), that is, a set of definitions and protocols used to develop and integrate application software, which allows communication between two software applications through a set of rules. In short, this API is a connection between you and the main commodity markets, so you can access prices faster. Arabica coffee rates are delivered with a precision of 2 decimal places and an update frequency of 60 seconds. Capabilities include delivering exchange rates for almost any Commodity, converting single currencies, returning Time-Series data and fluctuation data.
How much is it? Is it really free?
The answer to your question is a resounding YES. This service is free! If you access the website, in the pricing section you will find the characteristics of the free plan, otherwise you can pay for a monthly plan.
We recommend that you go to the website and read the documentation about how to use this service. If you have any questions, please feel free to contact Commodities-API customer service or send an email to [email protected].
Also published on Medium.