For most of the world population, it’s unthinkable to survive a labour day without at least a cup of coffee. Some prefer it at breakfast, some others after lunch. Indeed, this beverage brings a world of possibilities.
Business
Coffee has developed its own industry since it has become such an important part of people’s lives all across the world. The industry includes roasters, packers, farmers, marketers, and coffee equipment manufacturers.
Whereas beans have always been traded, it’s considered a commodity since the late 1800s.
Prices
Coffee pricing, like the price of any other commodity, is affected by a combination of factors, such as:
- Markets are affected by political crises and instability.
- Climate: Cherry coffee plants are highly susceptible to weather swings.
- Demand fluctuates with the economy and people’s ability to buy and spend money because this isn’t a basic need.
- Furthermore, because grains are shipped all over the world, transportation and energy costs play a role.
So, if you’re a coffee lover developer and you’re working on a project that needs both fresh and historical coffee data, you’ll benefit from a programming language.
PHP
The PHP (Hypertext Preprocessor) computer language is a general-purpose programming language that may be used to build interactive and dynamic websites. It was one of the first server-side languages to be integrated with HTML, making it simple to add functionality to websites without requiring data from separate files.
Fuse It
As a result, PHP-based software can simply be connected with an API to improve speed and accuracy. If you’re looking for an API that works also with PHP programming language, try Commodities-API.
Commodities-API
This site gathers data prices in a range of currencies from a variety of sources and organizations throughout the world. Commercial sources are often preferred, especially for large currencies and commodities, because they better reflect market exchange rates.
Commodities-API originated as a modest, minimalist Open-Source API for financial institutions’ recent and historical commodity prices.
Accurate
The API can provide real-time commodities data with a two-decimal-point precision and a 60-second frequency. Commodities-API is designed on a solid back-end architecture that guarantees high availability and response times for defined API calls of fewer than 50 milliseconds.
Secure
To protect your connection, the website employs bank-grade 256-bit SSL encryption.
Commodities-API is used by thousands of developers, small businesses, and huge corporations on a daily basis. Because of its rich data sources and 6+ years of experience, this API is the most popular.
Endpoints
The API has a number of endpoints, each of which serves a different purpose. Some of the endpoint capabilities include getting the most recent commodity rates data for all or a specific set of currencies, converting figures between currencies, retrieving Time-Series data for one or more currencies, and querying the API for daily fluctuation data.
Also published on Medium.