Searching for coal prices? Check this post about a commodities prices API!
A solid carbon-rich substance that is often brown or black and most frequently found in stratified sedimentary layers, coal is one of the most significant major fossil fuels. When a substance is classified as coal, it must include more than 50% by weight (or 70% by volume) carbonaceous matter, which is created when altered plant remnants, specifically peat deposits, are compacted and hardened.
Different types of plant material (coal type), levels of coalification (coal rank), and types of impurities result in different sorts of coal (coal grade). Although the majority of coals are found in stratified sedimentary deposits, these deposits are sometimes subjected to high temperatures and pressures as a result of igneous intrusions or deformation during the process of orogenesis, which is the process of creating mountains. This causes anthracite and even graphite to form.
Even though amount of carbon in the Earth’s crust is only 0.1 percent by weight, it is essential for life and the world’s primary energy source. An plentiful natural resource, coal may be utilized to produce coke for use in metallurgical operations, as a chemical source from which many synthetic chemicals (such as colours, oils, waxes, medicines, and insecticides) can be generated. When employing steam generation to produce electrical power, coal is a significant source of energy.
Because coal production involves many factors, such as environmental concerns, coal pollution, coal mining and, in addition, the usual economic movements of the stock market, many economists use platforms that provide them with data from the stock market to check constant movements. For this reason, we bring you Commodities-API so that you can invest with more peace of mind.
What Is Commodities-API?
Commodities-API It is a completely public website that enables users to purchase statistics on commodities like coffee, cereals, and oils that are available commercially for their use. They are available for purchase utilizing an API, which you may set up in less than a second before contacting the relevant banks.
How Does The Platform Work?
A major key benefits of Commodities-API is how simple it is to use. Follow these instructions to achieve this:
- Visit the website and register.
- Generate an API Key using the platform.
- Choose the necessary goods and currencies.
- Create an API call right now in the dashboard, and then wait for the software’s API answer.
That’s all, then! The conditions are right to begin investing!
Is It Secure For Their Clients?
To protect web-to-web communications, Commodities-API employs SSL encryption. Financial organizations utilize this kind of security. Then, this API gathers information from financial institutions or the World Bank. Your connection to the Commodities-API API is encrypted and decrypted using bank-grade 256-bit SSL encryption. This data/file encryption method encrypts and decrypts data or files using a 256-bit key.
How Precise This Software Is?
Additionally, this API offers a fantastic online user experience. With a frequency of 60 seconds and precision to two decimal places, it can deliver normal data in real time. Commodities-API provides high availability and response times of under 50 milliseconds for specified API requests because to its solid defensive architecture.