Did you know that Ethanol is one of the most ecological fuels? Check out this post where we teach you how to use an API to invest in this more environmentally friendly way!
Did you know that Ethanol and ethanol-gasoline mixtures burn cleaner and have higher octane levels than pure gasoline? They have higher evaporative emissions from fuel tanks and dispensing equipment. These evaporative emissions contribute to the formation of harmful, ground-level ozone and smog. Due to this, Ethanol can reduce pollution. Ethanol and ethanol-gasoline mixtures burn cleaner and have higher octane levels than pure gasoline, but they also have higher evaporative emissions from fuel tanks and dispensing equipment.
These evaporative emissions contribute to the formation of harmful, ground-level ozone and smog. In Canada, ethanol is presently made principally from corn and wheat. Ethanol can be produced for different applications, for example, industrial ethanol or fuel grade ethanol. Research into technology to produce ethanol from non-food sources is advancing rapidly and is close to commercialization
Countries like Canada that have as a priority to preserve nature and the environment, have important productions of this chemical compound. Investors are also interested in this alcohol since the fashion of green living and the weight that caring for the environment has in recent times. Canada will produce an estimated 1.83 billion liters of fuel ethanol this year, up from 1.75 billion liters in 2021. Imports are expected to reach 1.37 billion liters this year, down from 1.39 billion liters in 2021. Because of this, we recommend Commodities-API to keep you informed about the metrics on the stock.
What Is Commodities-API?
Commodities-API It’s a free public API that shows you the price of commodities including coffee, rice, sugar, and wheat. The Commodities-API can provide data in whatever currency you choose, with a 2 decimal point precision, from a list of over 170 possibilities. Each month, you may obtain 60-second data updates and conduct 100.000 API requests.
Currency and commodity prices may be converted using the same API endpoints, and any amount can be converted from one currency to another, as well as from one commodity to another, and from one currency to another. For all commodities and exchange currencies, the API delivers midpoint data. The midpoint rates are calculated using the average median bid and ask rates over a period of time.
How Is It Used?
Commodities-API provides an exchange in any currency with two decimal point precision and a selection of 170 market goods. It also contains information from prior months or years, allowing you to make informed decisions about how to proceed in the market.
The following are the simple steps to using Commodities-API:
- Navigate to the webpage
- Sign up
- Obtain an API key
- Select the sort of goods (ETHANOL) and currency (AUD) you’d want to work with.