Are you interested in the coffee business? Would you like to get the prices of this commodity using the futures market? Well, with this impressive API, you can get what you are looking for! It is the best coffee rates API.
Coffee is the most popular infusion in the world. It is obtained from a seed of the bush called Cafeto. The seed is roasted and ground to infuse with water to obtain the drink. Among the characteristics of coffee, its consumption is generally hot, but innovations and adaptations from different parts of the world mean that we can try it in different ways: cold, with ice cream, with cream, with fruit, etc. This commodity is famous for its caffeine, a substance that helps counteract fatigue and drowsiness and is also a stimulant to provide the body with well-being and euphoria.
One of the most complex characteristics of coffee is the number of aromatic molecules it possesses (about 1,000 aromatic molecules in contrast to the 500 that wine possesses). Within the flavor, we can distinguish sweet, acid, fruity, bitter, woody, spices, among others. Almost exclusively two types of grains are marketed in the world, Arabica and Robusta. Arabica coffee comprises 70% of world production, it is the most coveted and most delicate in flavors and aromas due to the high altitude varieties in which it is harvested. On the other hand, Robusta coffee is less popular, having the remaining 30% of the production, because it is bitter and contains twice the caffeine.
If your wish is to acquire the prices of this commodity in the futures market. We recommend using the Commodities-API API. This service will offer you the nearest futures contract price of the coffee. Next, we will offer you more information.
Why Commodities-API?
Commodities-API, as its name indicates, is an API that is based on a set of definitions and protocols that have the purpose of integrating systems and facilitating communication between software applications. Thanks to this system, you will be able to keep up to date with the prices of a wide variety of basic products, including rubber, rice, coffee, corn, sugar, wheat, lumber, crude oil, coffee, etc. This information will be offered with a precision of two decimal places and with updates every 60 seconds. And don’t worry, you’ll be able to get prices from the futures market.
Today thousands of developers, SMEs and large organizations like Barrick, Metex, Chainlink, Glencore use this service. Last but not least, the price. Commodities-API is free, that is, you can access the prices of the coffee futures market without paying anything. But, it is also true that there are paid plans that offer better benefits, which cost between 15 and 50 dollars per month. Don’t worry, you can change plans if you’re not satisfied. You can manage all of this on your own from your dashboard!
We recommend you go to the website and in the “pricing” section you will find the main differences between the free, basic and professional plans. Any questions, send an email to [email protected] and customer service will help you.