Would you like to know what the osmium tariffs are for Japan? Fortunately for you, we have a very interesting option for you.
Osmium is a metal belonging to group 8 of the elements of the periodic table, characterized especially by its density, being the densest element that exists and being able to be easily identified by its intense aroma. It also has a characteristic bright silver color, with bluish and whitish tones. In its group, osmium represents the metal with the highest melting point, as well as the lowest vapor pressure.
Due to its high density, in human activities, osmium is very useful in alloys with other precious metals, mainly as a compound in the manufacture of instrument pivots, phonograph needles and electrical contact materials. Some derivatives and compounds based on osmium are also widely used in compounds of tools as important to science as microscopes.
However, a negative point is its high price. To give an example, a single gram of osmium costs approximately 239,617 Japanese yen. In addition, it is a metalloid that, although it did not grow much in 2021, did increase by 100% compared to 2018. For this reason, Japanese businessmen must be attentive to its prices and thus avoid disproportionate increases, since as we said, its price is very high.
If you are looking for a tool to see its price, the best thing you could do is use Metals-API.
Why Metals-API?
Metals-API is a lightweight open source API, with which its users can view precious metal prices in real time, quickly and efficiently. One of these metals is osmium and its price is obtained from the most reliable sources in the world, such as the prestigious London Metal Exchange or the European Central Bank. Furthermore, Metals-API uses a wide range of programming languages such as JSON or PHP.
On the other hand, it is understandable that a Japanese wants to see prices in his own currency and not in other currencies such as the Chinese yuan, the euro or the US dollar. But today is your lucky day. Metals-API uses a conversion system between more than 170 currencies from around the world. That is, the answer is YES, the inhabitants of Japan will be able to see the osmium prices in their usual currency.
A warning, before you start using this service, we recommend reading all the extensive and very complete documentation on its website. Anyway, if you don’t want to read that much or don’t have time, it also includes a quick start tool, to get you started faster and easier. If you have any questions, please contact the following email: [email protected].
Also published on Medium.