If you want to get propane rates, then probably using a JSON API is the best way. Here, we explain to you why.
Propane is a gas at normal temperature, but it may be compressed into a transportable liquid. It is a byproduct of natural gas processing and petroleum refining, and it is widely used as a fuel in residential, industrial, and low-emission public transportation.
Propane is a critical component of the world’s rapidly expanding commercial end-use industry. This end-user is likely to gain traction worldwide as a result of the growing hotel industry in the MEA and APAC countries.
This phenomenon is expected to expand in popularity during the next eight years, which is probably a great idea to stay updated on rates that can affect your investments. This can be done through an API, which is an interface that collects data from a place and then gives it to the person who requested it.
Most APIs work with Javascript Object Notation (JSON), which is one of the most used programming languages in the world. This is a lightweight data-transfer format that is simple for humans to read and write. JSON is a text format that is totally language-independent yet employs standards that C-family programmers are acquainted with. Because of these characteristics, JSON is an excellent data-interchange language.
How To Get An API
With all that we’ve said in this article, then you can imagine how crucial it is to obtain an API that uses JSON and can give you propane prices. For this, there are a lot of softwares online that can be good for you and your objectives. However, not all of them may give you propane rates or use JSON, this is why you should be careful with which one you use before losing money.
We’ve tried different softwares, but right now we think that the best one is Commodities-API, one of the most complete ones available. It is also really easy to use and provides information with an accuracy of two decimal points.
To get the rates you need, you have to:
- Go to www.commodities-API.com and sign in. You will then obtain your own API key.
- Look for Propane and the desired currency symbols.
- Using these symbols, locate the commodity and money in the list. After you’ve settled on them, make the API call.
- The website will provide an API in a variety of computer languages, which you may alter, use, and adapt as you see appropriate.
Is This Trustworthy?
Every minute, this API collects commodity pricing data from over 15 trusted data sources. These include banks and financial data companies.
It’s important to notice that Commodities-API only provides midpoint data for commodities and currency rates. Midpoint rates are calculated by taking the average median rate of Bid and Ask at a given moment.
Also published on Medium.