Commodities-API This web API provides precise rate data for a wide range of commodities in a variety of currencies. Commodities-API originated as a modest, minimalist Open-Source API for financial institutions’ recent and historical commodity prices. Accurate With a precision of two decimal points and a rate of up to every…
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Let us start by identifying commodities as the basic materials used to create the goods that people purchase, such as food, furniture, and gasoline or petrol. Secondly, these materials can be divided into the following categories: Agricultural: for example, wheat Crude oil, for example, is a source of energy. Gold,…
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Accordingly to Cambridge’s Dictionary, a commodity it’s defined as: A substance or product that can be traded, bought, or sold Certainly, these substances or products are, subsequently, raw materials for goods and services we use every day. Additionally, these materials can be divided into categories such as agricultural, energy, metals,…
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Sugar is one of the most important commodities in the world since is the main carbohydrate in the majority of sweet foods. Sugar is found in the tissues of most plants, it’s used for sweetening and has different types. Over the period of 2009 to 2018, its production increased some…
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