Do you want to analyze the market better without problems? If so, you should use this API for Dutch TTF natural gas futures!
Data on sales and purchases of natural resources, commodities and export materials in world markets are extremely necessary to make the best financial decisions. Many experts even recommend including commodities as a diversified asset class in your portfolio. In addition, some commodities, such as coal and dutch TTF natural gas, are excellent hedges against inflation.
However, the commodities market is a constantly changing market. It is necessary to be aware of what is happening in order to achieve the best result. To do this, it is crucial to get reliable and real-time information on these products.
Fortunately, thanks to today’s technological advances, a simple and fast way to get this information is by using an API for commodities prices data. Let’s see how these tools can help you analyze the market better.
How Can An API For Commodities Prices Help You Analyze The Market Better?
Let’s start by saying that an Application Programming Interface, or API for short, is a software intermediary that enables two applications to speak with one another. Every time you use a smartphone app, such as Facebook, send an instant message, or check the weather, an API is utilized, so your software can access specific data. The same goes for a commodities prices API.
This kind of API collects information from several commodity exchanges and provides it to you for a fair fee in a matter of seconds. By doing it this manner, you’ll be able to invest or trade commodities without wasting time or money hunting for information on extra services.
So, the first step in analyze the commodities market better, is to select a well-known API service that provides access to trustworthy data sources. In this case, we advise you to use Commodities-API, a reputable online service with more than 6 years of market experience. Furthermore, with a frequency of up to 60 seconds and accuracy to two decimal places, all spot data is given in real time. Some of the capabilities this API include are:
- Delivering exchange rates for nearly any commodity,
- converting between single currencies,
- delivering time-series data,
- returning fluctuation data.
How To Obtain Dutch TTF Natural Gas Features With This API
First of all, go to Commodities-API website and create an account. Signing up is easy and no-cost; also you can choose the plan you want to utilize. Currently, this API offers three plans: no-cost, basic, and professional. Consider their differences and choose the one that best satisfies your needs. For instance, if you select the first plan, you will get hourly commodities updates!
After completing the above, you’ll obtain your personal API key, that you can use each time you make an API call. Next, choose the currency in which you wish to view your prices, then choose the commodity symbol you want (in this case, Dutch TTF natural gas). Remember that there are 170 different currencies available!
Finally, once you’ve made your decision, call the API, then wait a few seconds! You only need to do that. Commodities-API is in charge of the rest. In a matter of seconds you’ll receive the information you are looking for! For more details visit Commodities-API website by clicking here.
Related post: Want To Start Investing In Commodities? An API Can Help You!