If you need an API that can deliver cotton rates in Python, then you need to read this article. Here, we show you where and how to get this type of information.
We all know what cotton is, we’ve seen it daily a million times. However, you maybe don’t know how much this commodity is important to the global economy. In 2019, the country that most cotton produced was China, with 24 million tons. It was followed by India with 19 and the United States with nearly 19. This shows how big this commodity is worldwide and how important it can be to invest in it.
To do this successfully, you must be aware of its pricing in several currencies. This may be accomplished by utilizing an API, which is a connection that allows two computers or apps to interact with one another. When you make a request to an API, you will get an instant response. An API usually provides data in programming languages like JSON and Python.
Why Python?
Python is a high-level general-purpose programming language that is interpreted. Is commonly used in the construction of websites and software, as well as task automation, data analysis, and data visualization. With significant indentation, its design philosophy promotes code readability. Its language features and object-oriented approach are designed to assist programmers in writing clear, logical code for both small and large-scale projects.
Since it’s such an important programming language, you can understand how having an API in Python can help your business.
How To Get This Information
To obtain the API in Python, you must use a software that provides you with it. We will use Commodities-API to explain it better since we think it’s the most complete one at the moment.
You have to:
1. Go to www.commodities-API.com and sign up to obtain your personal API key.
2. Look for cotton symbols and the money you desire.
3. Locate the commodity and money in the list using these symbols, then choose the period of time you want. Make the API call after you’ve decided on them.
4. The website will deliver an API in a variety of programming languages that you may modify and use any way you see fit.
The Python information will look something like this:
import requests
base_currency = 'USD'
symbol = 'XAU'
endpoint = 'latest'
access_key = 'API_KEY'
resp = requests.get(
'https://commodities-api.com/api/'+endpoint+'?access_key='+access_key+'&base='+base_currency+'&symbols='+symbol)
if resp.status_code != 200:
# This means something went wrong.
raise ApiError('GET /'+endpoint+'/ {}'.format(resp.status_code))
print(resp.json())
About This Information
Commodities-API supports over 170 currencies and delivers data with a precision of 2 decimal points, making it the most useful tool accessible. Commodities-API receives data from banks and stock exchanges, so you can be confident that the information you will receive is accurate and secure. Furthermore, to protect your connection, this software employs bank-grade 256-bit SSL encryption.
Currency and commodity price conversions are provided through the same API endpoints and may be used to convert any amount from one currency to another, from one commodity to any commodity, or from any currency to any currency.
Also published on Medium.