Do you wish to make a chart for antimony prices? Discover how to make it with an API. In this post, we’ll explain its functions and how to achieve this aim.
Antimony is a glossy gray chemical element. It exists metallic and non-metallic forms. The metallic form is hard, brittle, and has a dazzling silvery-bluish tint, whereas the non-metallic form is a grayish powder. It is extracted from ores such as stibnite and valentinite and is a stable element in dry air as well as static to alkalis and acids.
Because antimony is a poor conductor of heat and electricity, in the production of semiconductor devices employs it. It includes infrared detectors and diodes, batteries, low friction metals, flame-proofing materials, ceramic enamels, and paints.
In 2020, the worldwide antimony market was worth USD 1.92 billion. The worldwide antimony market is being driven largely by rising demand for antimony trioxide (ATO) for the production of flame retardants and plastic additives.
Rising product usage for the manufacturing of lead-acid batteries, soldiers, pipes, castings, and bearings for transistors, which are essential components of different consumer electronics such as computers, calculators, portable stereos, and gaming devices, is also fueling market expansion.
Furthermore, increased competition for antimony-based fiberglass composites with chemical and heat resistance is positively impacting the market growth. Other factors, such as increased industrialization and rising demand for polyethylene terephthalate (PET) packaging made with antimony as a main element, are expected to boost the market in the future years. Economists predict that the worldwide antimony market will rise moderately during the next five years.
To examine price fluctuations over time and keep current with pricing, you must provide the most dependable data. With this information, you can make antimony charts that show how the price of antimony swings. This information will assist consumers in determining the ideal time to invest. To create antimony charts, you’ll need an API that supplies data.
Why Is It Important To Make Charts?
People and businesses use charts to help them understand large amounts of data. It also aids in understanding the links between the data’s various components. They can be drawn by hand (typically on graph paper) or on a machine using a charting tool and are sometimes easier to read than the original data. You must utilize an API to communicate this information with your audience and assist them in determining the optimal time to invest in the antimony sector.
A chart’s primary roles are to present facts and to stimulate deeper investigation of a topic. People utilize charts when a basic table cannot sufficiently explain crucial relationships and patterns between data elements. You can incorporate specific information that you want your statistics to support, as well as the desired conclusion while designing your chart.
How Do I Obtain An API?
An API allows you to communicate data from one location to several locations. Choose one that gives fluctuation data as well as previous and present values in this scenario. Metals-API gathers data from the most reliable sources. It allows you to provide accurate information in real-time.
This data will be highly beneficial in determining the best time to buy by analyzing price fluctuations caused by a variety of events across time. You may also use your network to track prices and make infographics. Use Metals-API, which gets data from the most reliable sources, for this aim.
Why Metals-API
Metals-API is the finest API on the market. This is because it can provide metal rates fast, safely, and conveniently. Antimony, gold, palladium, rhodium, copper, and zinc are among the precious and non-precious metals utilized in its system. All of this with real-time data and updates in less than a minute! That is, you will be able to determine the best moment to purchase this metal based on its features.