Do you want to find a way to obtain lumber rates in Canadian dollars? Then check this API out!
While the market itself has been around for centuries, there’s never been a better time to invest in lumber. With home and building construction at an all-time high, lumber prices are surging.
Lumber prices are a significant cost component in the manufacture of many products. Also, Canada currently exports a significant part of the world’s lumber, and therefore a large part of the transactions rely on direct exchange with the Canadian dollar.
Using an API provides real-time commodity prices in JSON format, and that is compatible with any application and programming language. Also, response times range from 1 second to 1 minute.
Because market changes can result in huge losses on a regular basis, it’s vital to have accurate, real-time pricing. That is why we recommend you start using this API.
Commodities-API
Commodities-API is a programmatic interface that accepts data from a location and sends it to the person who requested the API, allowing you to stay up to date on real-time market prices. This webpage may be used to get live oil rates and track how they perform in the market. This platform also supports rice, wheat, coffee, corn, sugar, natural gas, Brent crude oil, WTI crude oil, soybeans, gold, silver, and a variety of other commodities.
The Commodities-API program collects and validates data from banks and the stock market. When you submit an API call, you will receive data in a range of programming languages with a precision of 2 decimal points. Furthermore, this software uses bank-grade 256-bit SSL encryption to protect your connection.
The same API endpoints are also used for currency and commodity price conversions, and they may be used to convert any amount from one currency to another, from one commodity to another, or from any currency to any currency.
How does it work?
Perform the following steps to find out how much live lumber costs:
- Register at www.commodities-API.com to receive your unique API key.
- Look up the lumber symbol and the currencies you’ll be working with on the internet.
- Locate the commodity and money in the list using these symbols. Make the API call after you’ve decided on them.
- The website will give an API that you may modify, use, and adapt in a variety of programming languages.
Also published on Medium.