Do you want to get fluctuation data of antimony prices? You should experiment with an API. In this posting, we’ll go through how to choose the greatest one.
Scientist proffesionals consider antimony as a semimetal. It is silvery, rigid, and brittle in its metallic state. Electronics industry use it to make infrared detectors and diodes. To increase hardness and strength, industry combine it with lead or other metals. A lead-antimony alloy is used in batteries. Antimony alloys are also utilized in printing machines as type metal, bullets, and cable sheathing.
To make flame retardant materials, paints, enamels, glass, and ceramics industries use Antimony compounds. Even this, antimony is an uncommon metal. In tiny amounts in over 100 different mineral kinds it exist. It’s also found as a native metal.
The global antimony ore and concentrate market finally increased in 2021, hitting $2.3 billion for the first time since 2018, reversing a two-year declining trend. However, consumption did not go up between 2013 and 2021.
China had the biggest usage of antimony ore and concentrate (345K tonnes), accounting for 60% of the total amount. Furthermore, China’s consumption of antimony ore and concentrate has more than treble that of Russia, the second-largest user (108K tonnes). Tajikistan (43K tonnes) ranked third overall, accounting for 7.4 percent of total consumption.
China’s average annual volume growth rate was -6.1 percent from 2007 to 2021. The remaining consuming nations with the greatest average annual rates of demand increase were Russia (+19.4 percent per year) and Tajikistan (+18.6 percent per year).
As you’ve seen, it’s a competitive industry. If you wish to invest in this metal, you must first learn about antimony price. You should monitor fluctuation statistics to choose the optimal time to invest while keeping all of the factors that drive antimony pricing in mind. You must utilize an API to accomplish this.
What Exactly Is An API?
An API is a type of technology that allows one device in one area to send data to another or more devices in another place. You are free to watch videos and share them with your audience. You can integrate the API response into the design of a website or app. Metals trading is only possible if you have access to price fluctuation data. To obtain this information, we propose using the Metals-API service.
About Metals-API
Metals-API is the best API available. It is a tool that delivers precise, up-to-date, and fluctuating statistics on any precious metal in any currency. Its technology makes use of a variety of valuable metals, including antimony, lithium, gold, platinum, palladium, copper, and silver. All of this with current data and updates in under a minute!
That is, you will be capable of deciding the optimal time to buy this metal based on its characteristics. This sort of information might save you a lot of time and money. You will additionally receive 50 API calls each month in this case. If you sign up for an annual plan, you’ll get more API calls and data per minute.