Are you looking for an API that can give you the real time price of cotton and rice? Then I recommend you to continue reading this article.
Cotton is one of the most traded agricultural commodities. This is true all over the world. It is produced in around 80 countries. Its consumption is spread all over the world. The fibre is universally used as a textile raw material. The seed is an important source of vegetable oil worldwide.
The price of cotton is influenced by, for example, whether it was a rainy or rainless season. On the other hand, the policies of the governments where this raw material is planted and harvested have a direct impact on the price.
On the other hand, rice is a cereal and an essential food for a healthy and balanced diet. This food is present in practically all the world’s cuisines. It is the second most cultivated cereal in the world. This is followed by maize; however, it is the most important and most consumed by the human species. The properties of rice include the fact that it is a fat- and cholesterol-free food. Rice is a good source of proteins and vitamins, mainly from the B group. Such as niacin, riboflavin, folic acid and thiamine. It also provides the body with vitamin D and omega-3 fatty acids.
Its prices are also extremely important for the world economy and knowing the prices in real time helps economies around the globe. These prices can be known using an API. Let’s use Commodities-API as an example to explain everything better.
To enter:
1- Enter www.commodities-API.com
2- Record to get your own API key.
3- Look for the symbols in the list.
4- Then make the API call. So, this can be done using the symbols on the dashboard.
5- The website will deliver an API in several computer terminologies.
The prices are provided by more than 15 sources that provide 100% reliable data every minute. Such as banks and financial providers. The prices on the other hand, are displayed to 2 decimal places.
Commodities that can be viewed in Commodities-API are coffee, oil, gold, silver, wheat, corn, soybeans and many others. This tool is capable of displaying data in fully preset form for all types of commodities. Also in almost any type of currency. Many companies around the world use this tool.