If you’re looking to find the best coal prices, you might be wondering how to use a commodities API in C#. In this article, we’ll show you how.
Electricity is created from coal, a fossil fuel. Around 40% of the electricity produced worldwide comes from coal-fired power stations, making it the most commonly used fossil fuel. Because of this, coal is among the most significant commodities in the world. Supply and demand play a role in setting coal prices. Due to its usage in producing steel and power, coal is in high demand. The volume of coal mined and transported to markets determines the supply of coal.
So, if you want to start using an API to track coal prices, we suggest using a Coal Prices API. This is a trustworthy source that provides accurate information about a variety of products. With the use of artificial intelligence, this program will provide you with accurate price information as well as other details like location, commodity kind, name, and more!
What Is C#?
C# is an object-oriented, component-oriented programming language. C# provides language constructs to directly support these concepts, making C# a natural language in which to create and use software components. Since its origin, C# has added features to support new workloads and emerging software design practices.
The Commodities API is without a doubt your finest option if you’re looking for exact information on coal pricing.
Commodities API
Via the Commodities API, which is made available by more than ten distinct exchange rate data providers for commodities pricing, developers can get real-time data on the price of commodities. The API offers a significant number of endpoints, each of which has a specific purpose. The endpoint provides access to time series data for one or more currencies, details on daily changes, value conversion, and access to currency-specific data. In order to obtain the most recent commodity rate information for all or a specific group of currencies, it can also submit API queries.
All You Have To Do To Utilize It Is:
- Go to Commodities API and simply sign up, when you are done you’ll be ready to start using the API!
- Employ the different API endpoints using the symbols given by the API depending on what you are looking for.
- Once you meet your needed endpoint, make the API call by pressing the button “run” and see the results on your screen.
The responses you receive from this API will vary depending on the commodity you’re looking for. In this case, we’re curious to learn more about coal. To find out more about coal, use the API’s coal symbol (COAL):
{"data":{"success":true,"timestamp":1681749720,"date":"2023-04-17","base":"USD","rates":{"COAL":0.0073126142595978},"unit":"per tonne"}}
As you can see from the response, one dollar is equivalent to 0.0073126142595978 tonnes of coal.
The Commodities API offers data in more than 170 different currencies with a precision of two decimal places. Depending on the subscription you select, you can make up to 100.000 API requests per month and get data updates every 60 seconds. There is a seven-day trial period available for this API.