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Find The Value Of Rice From Osaka Dojima Commodity Exchange With An API

If you wish to find rice values from Osaka Dojima Commodity Exchange, in this article we recommend you use an API to acquire it.

Rice is the primary food for more than half of the world’s population. Every year, around 480 million metric tons of milled rice are produced. China and India account for half of all rice farmed and eaten.

Find The Value Of Rice From Osaka Dojima Commodity Exchange With An API

Rice supplies up to half of the daily calorie supply for millions of Asian poor families, making it crucial for food security. It is quickly becoming a popular food in both Latin America and Africa. Rice, on the other hand, is one of the most regulated food commodities in global commerce. Rice is a poor source of vitamins and minerals, and the milling process depletes them. With many nations’ rice industries consolidating, there are chances to fortify a major portion of rice for distribution.

While the demographic of low-income nations expanded by 90% between 1966 and 2000, paddy rice output climbed by 130% over the same period. Approximately 84 percent of the increase in rice output may be ascribed to contemporary agricultural techniques that have resulted in semi-dwarf, early-maturing rice varieties that can be planted up to three times per year and are nitrogen fertilizer sensitive. These new rice varieties, produced on irrigated land in half of the world’s harvested area, account for approximately three-quarters of total rice output. Rice demand in Asia is predicted to rise by 70% over the next 30 years, owing mostly to population expansion.

Rice is presently farmed in over a hundred nations, with an annual production of approximately 715 million tons of paddy rice. Ninety percent of the world’s rice harvest is accounted for by fifteen countries. China and India alone account for half of all rice production. Asian nations account for 90 percent of overall rice production, including Indonesia, Bangladesh, Vietnam, Myanmar, Thailand, the Philippines, Japan, Pakistan, Cambodia, the Republic of Korea, Nepal, and Sri Lanka.

If you want to trade in this commodity, you must keep up with the unpredictable rice prices. As a result, you can’t rely on every internet service provider. Although it is difficult to find, the Osaka Dojima Commodity Exchange is one of the most reputable commodities exchange data sources.

The Osaka Dojima Commodity Market (ODEX) is a Japanese futures exchange situated in Osaka. In 1952, it was known as the Osaka Grain Exchange. It took over the rice exchange from the Tokyo Grain Exchange in February 2013 and adopted its present name. Azuki (red beans), Coffee, Corn, Frozen shrimp, soybeans (potentially GMO), Non-GMO soybeans, Raw silk, Raw sugar, and rice are among the commodities exchanged.

You should utilize a commodity trading data API to gain access to this data. It is a system that links two or more devices to exchange data. The most important companies utilize it since they integrate APIs into their apps or websites. You’ll need one with rice values in this situation.

This data will be extremely valuable to you in determining the optimum time to invest by studying price fluctuations caused by a variety of events throughout time. You may also monitor spot pricing and share the information with your network. Commodities-API can be used for this purpose.

Find The Value Of Rice From Osaka Dojima Commodity Exchange With An API

Why Commodities-API?

It is the most complete commodities rates API on the internet. You’ll be able to predict and convert rates to your preferred currency with certainty. This online API delivers precise rate data for many commodities in a variety of currencies. Commodities-API began as a simple Open-Source API that provided current and historical commodities prices from major institutions. The API can offer real-time commodity data with a two-decimal point precision and a frequency of up to 60 seconds per minute.

To safeguard your access, the Commodities-API employs bank-grade 256-bit SSL encryption. This API is utilized regularly by hundreds of developers, small businesses, and large organizations. Because of its credible data sources and 6+ years of expertise, this API is the most advantageous website for commodity rates.

Published inApps, technology
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