Are you a coffee producer? Do you need robusta coffee futures information? In this article, we’ll show you how to get it using an API.

The robusta coffee is a variety of coffee that is known for its high caffeine content. In fact, robusta beans are used in the production of instant coffee because of this. It is also known for its intense flavor and low acidity. The robusta plant is native to the Congo region of Africa, where it has been cultivated for centuries. Today, robusta is cultivated in many different countries around the world. It is a popular variety of coffee with many commercial roasters because of its ability to produce high yields of beans. Robusta coffee is often used as a filler in blends with other varieties of coffee beans. It is also used in instant coffee and as an ingredient in ground coffee. In addition, it is used in the production of chocolate.

If you trade robusta coffee, you must be looking for methods to boost your earnings and streamline your tasks. And if you’re a developer, leveraging an API is the ideal answer for you. In order to connect to software and other services and utilize its features and functionalities, you must use an API, which is a programming interface. The Robusta Coffee API in this situation will assist you in automating chores and obtaining data on robusta coffee prices and market trends. You’ll be able to trade more effectively and accurately if you do it this way.

Coffee futures are traded on many commodity markets. The most active coffee futures market is that of the New York Board of Trade (NYBOT). Coffee futures are traded in contracts weighing 37.5 kilograms (kg) or 1 metric ton (MT) (t).

Although there are numerous APIs available, not all of them are trustworthy. The one that will facilitate your dealing of robusta coffee commodities is one you should carefully select. Using the Commodities API is advised. This well-known API offers precise information on robusta coffee pricing as well as other market data. You can use it to learn more about global robusta coffee production, demand, supply, and consumption.

Commodities API

Via the Commodities API, which is made available by more than ten distinct exchange rate data providers for commodities pricing, users can obtain real-time data on commodity prices. The API offers a wide variety of endpoints, and each one serves a unique purpose. The endpoint offers value conversions, time-series data retrieval for a single or many currencies, access to the most recent commodity rate information for all or a selected group of currencies, and API searches for information on daily changes.

Here are some definitions that will help you understand the response from this API:

• API Key: A unique key assigned to each API account used to authenticate with the API.
• Symbol: Refers to the three-letter currency code or metal code of a given currency.
• Base Currency: The currency to which exchange rates are relative to. (If 1 USD = X EUR, USD is the base currency)
• Target Currency: The currency an amount is converted to. (If 1 USD = X EUR, EUR is the target currency)
• Base URL: Refers to URL which all API request endpoints and URLs are based on.

This API will provide you with a different form of response depending on the commodity you’re looking for. In this instance, we’re looking for details about Robusta coffee. We may check for information on Robusta coffee by using the symbol (ROBUSTA) provided by the API:

{"data":{"success":true,"timestamp":1681396200,"date":"2023-04-13","base":"USD","rates":{"ROBUSTA":0.00041753653444676},"unit":"per tonne"}}

As you can see from the response, 0.00041753653444676 tonnes of Robusta coffee are equal to one US dollar.

All You Have To Do To Utilize It Is:

• Go to Commodities API and simply sign up, when you are done you’ll be ready to start using the API!
• Employ the different API endpoints using the symbols given by the API depending on what you are looking for.
• Once you meet your needed endpoint, make the API call by pressing the button “run” and see the results on your screen.

In addition, Commodities-API provides data in more than 170 different currencies with a precision of two decimal places. You can send up to 100.000 API requests each month, and you can get data updates every 60 seconds, depending on the subscription you select. Moreover, there is a 7-day free trial period for this API.