Do you want to explain easily to your clients the behavior of indium prices? To do this it is very important to make charts. Discover an API to obtain this data and achieve this goal.
Three times more abundant than silver, in 2002 a kilogram of this metal cost 100 dollars. Four years later, in 2005, its price reached $900. The cause: LCD flat screens. Indium is located in group 13 of the periodic table of elements. Similar to zinc, it is malleable and easily melted. Currently, the largest indium-producing country is China.
The sudden industrial success is not exactly indium, but indium tin oxide, that is their mixture. As the most important quality, it highlights the combined property of electrical conductivity and optical transparency, so useful for the electrodes of LCD liquid crystal screens.
Today, there are countless objects of all sizes with LCD flat screens, from watches, GPS receivers, mobile phones, and large television screens. The demand for a mixture of Indium and tin oxide exceeds the supply and hence the increase in its price. Indium has many applications such as the manufacture of semiconductors and photovoltaic cells, but undoubtedly the most important item of demand for indium is LCD flat screens.
Why Charts Are So Useful
Any designer of digital media such as applications or websites knows that the image is one of the most important points to improve the user experience. Today the optimization of entries to a site is achieved thanks to the simplicity of the distribution of information within them. Undoubtedly, the reputation of the information obtained is another of the features that improve access to certain sites and the download of applications.
For this reason, many site designers decide to use graphics as it is a simplified and functional way of conveying information. Charts are tools that help understand complex data. As we saw earlier, Indium is growing in the technology market worldwide and many issues must be taken into account. For this reason, graphs that show the fluctuation or the actuality of the prices of the indium will be very gratifying for the users.
What Is An API?
An API is a user interface with which a device sends information to other devices. With the “response API” you can design your site and maintain updated information on indium prices. In addition, you can incorporate information on historical rates and price fluctuations depending on the functionality of the API.
In this sense, Metals-API is very complete. Moreover, to providing updated information, it obtains its data from the most reliable sources in the world. It includes the World Bank or CME Group. It provides information about indium, gold, silver, palladium, and more.
About Metals-API
This software will assist you in determining the optimal moment to invest. You can understand the outcome of metal prices by examining previous, current, and future trends. It’s an API for LME pricing. It is also quite simple to include into your digital media infrastructure. Programmers may utilize it in Python, JSON, and PHP.