Try out a free commodity price api to get sugar future prices in 2022!
Brief Introduction About Sugar
Sugar is a substance with a sweet taste and white color, crystallized in very small grains and obtained mainly from beets, in countries with temperate climates and in countries with tropical climates from sugar cane by concentration and crystallization of its juice.
It also belongs to the chemical group of carbohydrates and is soluble in water. It is very well known in the world for its ability to sweeten foods and beverages, and is considered a universal sweetener. In the ranking of sugar-producing countries, Brazil occupies the first place, followed by other countries such as Argentina, China and the United States.
Sugar does not provide essential nutrients to the body, but it is healthy in reasonable amounts. However, if someone consumes large amounts of sugar, they may suffer from some health problems. Glucose or sugar provides energy to our brain and body, but of course, when consumed in excessive amounts, a number of relevant problems are triggered, such as diabetes, obesity, tooth decay, and high blood pressure, just to name the most common ones. People with these health problems are recommended to consume sweeteners or foods and beverages without sugar.
Nevertheless, the use of this raw material in gastronomy is undeniable, because it is an indispensable product in the preparation of many foods, especially desserts. If your company or catering business needs to buy sugar on the spot market, we recommend you to use the Commodities API service. You can find more information about it below.
Commodities-API: a Free Commodity Price API
A free commodity price api (short for Application Programming Interfaces) is used by thousands of developers, SMEs and large companies. The goal of this service is to provide you with data on commodities so that you can analyze the market and decide when is the best time to buy sugar. Moreover, this information is provided with an accuracy of 2 decimal places and an update frequency of 60 seconds. With these functions, you will receive an alert that will warn you when the price is rising or falling.
Which Functions Do It Include?
The functions include the delivery of exchange rates for almost all commodities, the conversion of individual currencies, the return of time series data and fluctuation data. Finally, prices are displayed in the official currency of your country. Thanks to the conversion system, you can see prices for sugar in 170 different currencies.
Benefits of Using This Platform:
There are several reasons to choose this website. However, here we’ll mention 3 of its most important characteristics:
-It is a secure platform since 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.
-It is easy to use which is a characteristic that many APIs share.
-You can create an account: Just get an API key and choose a currency and a commodity (SUGAR)
-You have access to previous reports since on the Commodities API website, you also have the option to access data and financial reports for the past days, weeks, months and years. Just go to the “Historical Quotes” and get what you want!
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Looking To Acquire Spot Sugar Prices? This digital platform will help you – TheStartupFounder.com
Also published on Medium.