If you want to know the real-time rate of rubber I recommend you to read this article because here you can find information about how you can do it with an API.
One of the essential ingredients of which the tyre is composed is rubber. It is obtained from a milky substance called latex. Also, is extracted from tropical plants, among which the hevea brasiliensis, native to the Amazon, stands out. It is characterised by its elasticity, water repellency and electrical resistance.
If you buy or are aware of this type of raw material, it is necessary to know the price in real time. As this could make the difference with other people. And knowing the price in real time is very important. Since the fluctuations caused by the market can generate significant losses or gains of money periodically.
This can be done through an API. API stands for Application Programming Interface. What they do is allow applications and programs that everyone uses to communicate with each other.
How Does It Work?
The API defines the correct way for a developer to write a program that requests services from an operating system OS calling services from an operating system or another application. This is extremely useful when you have to use data provided in real time. It is used on countless websites.
There are different online software that allow you to display the information you want and require in real time. They all work in different ways and have unique features.
For example, one of them is Commodities-API. It is one of the best performing tools available on the internet, as the information they provide is really accurate. It has an accuracy of 2 decimal points. On the other hand, they have more than 170 currencies available to choose which type you want to display. This makes it a really high competitive advantage in the market.
What are the steps to follow to know the hourly prices?
1- Go to www.commodities-API.com
2- Register in order to get your own API key.
3-You have to look for the symbols in the list.
4- Then, you can make the API call. The API call has to be made by using the symbols found in the dashboard.
5- The website will provide an API in a number of computer languages which can then be modified and used the way you want.
This tool is a simple and reliable API. It provides prices of different products and commodities. Commodities-API can be used to view different prices in different currencies.