Are you currently looking for Cocoa prices from Nasdaq? Try out this commodities prices API to get it in a click!
About Cocoa: Its Characteristics & Uses
Cocoa is a tree native to the Americas that produces the fruit of the same name, which can be used as an ingredient in foods, among which chocolate stands out. Cocoa contains a high percentage of fat (mainly saturated fatty acids, and to a lesser extent monounsaturated and polyunsaturated fatty acids), carbohydrates and proteins, but also magnesium, phosphorus, potassium, theobromine, caffeine, antioxidants and water, among others. It is also characterized by a high energy content, which is why it is usually suitable for people who do sports or intense physical activity.
The main use of cocoa is the production of chocolate, which uses both the powder and the fat obtained by crushing the fermented fruit. Both cocoa powder and butter are obtained from this fruit. Both are usually mixed with refined sugar and milk; depending on the amount used in each case, the different types of chocolate are obtained. The addition of these ingredients gives the chocolate other nutrients besides those already present in cocoa, such as vitamin A, vitamin B, calcium, iron or copper.
If you want to get cocoa future prices in real-time, we recommend using Commodities-API because it is one of the most complete API with commodities prices in the industry. With this tool, you will save money and time.
What Is Commodities-API?
It is a free web API service that provides real-time commodity data on products such as coffee, rice, and corn. Commodities-API also provides currency exchange with two-decimal precision and a list of 170 market products in any currency. It provides information about the previous months’ and years’ data, so you can choose the best approach to finance your money and move around the market.
It seems to be the most cost effective option. This is a website where you can track the prices of different things. Finally, you can calculate the rates and convert them to your preferred currency with the highest accuracy. This web API provides reliable quotes for a wide range of commodities in a variety of currencies. Commodities-API started as a modest, minimalist open-source API for current and historical commodity prices from financial institutions.
Some of Its Advantages
The API can provide real-time commodity data with two-decimal precision and a 60-second update rate. Commodities API is built on a solid back-end architecture that provides response times of less than 50 milliseconds for the described API calls.
Commodities-API uses 256-bit, bank-grade SSL encryption to protect your connection. Thousands of developers, small businesses, and large organizations use Commodities API on a regular basis.
Why choosing this platform?
There are several reasons to choose this API. Following we will mention some of its most highlighted characteristics:
-Secure: The website works with SSL encryption, which is a connection that ensures encryption from both sides of the website. This type of connection is commonly used by banks.
-Easy to use: Another important factor of Commodities API is its ease of use. To achieve this, you need to follow this guide.
-You can create an accountGet an API key and then choose a currency (Nasdaq) and a commodity (Cocoa)
-You can access to previous reports: on the Commodities API website, you also have the option to access data and financial reports for the past days, weeks, months and years. Simply go to the “Historical Rates” option and enter the desired date in the URL in the following format: YYYY MM DD
Read & learn more about commodities in just one click:
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Also published on Medium.