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How To Get Rubber Rates Using An API

Do you wish to obtain rubber rates? Then use an API!

Rubber, commonly known as latex or caucho, is an elastic material. Because of its hardness, elasticity, and resilience, it is commonly utilized in elastic rubber bands, erasers, automobile tires, and other applications. This substance is thought to be ideal for eliminating pencil markings off paper, which is how it received its name.

Rubbers are split into two varieties based on their origin: natural rubber and synthetic rubber. Let’s go over them one by one:

1. Natural Rubber: A natural polymer derived from the latex sap of the rubber tree. Because of its elasticity, rubber is a commonly utilized material. 

2. Synthetic Rubber: These synthetic rubbers are artificial elastomers made from petroleum byproducts. They have double the tensile strength of natural rubber

How To Get Rubber Rates Using An API

Today, the majority of natural rubber still originates from the Far East, while Russia and its former republics, France, Germany, and the United States are among the world’s biggest synthetic rubber manufacturers. The Harbel Rubber Plantation outside Monrovia, Liberia, Africa, built in the 1920s and 1930s by the Firestone tire corporation, is the world’s biggest single source of latex rubber.

So, if you wish to obtain rubber rates, then you should know that an API is extremely useful for this. An API is a piece of technology that collects data from a place and sends it to the person who requested the API. This is common on many websites and is quite handy when you need updated information as soon as possible.

Where To Get This

If you require rubber rates, we believe that Commodities-API, a free web API that delivers real-time data on commodity prices such as coffee, rice, sugar, and wheat, among others, will assist you perfectly.

How To Get Rubber Rates Using An API

To acquire the data, you must first perform the following steps:

  1. Sign up for your personal API key at www.commodities-API.com.
  2. Look up the symbols for rubber and your preferred currency.
  3. Locate the product and money in the list using these symbols. Make the API call after you’ve decided on them.
  4. The website will give an API in a number of computer languages, which you are free to edit, utilize, and adapt as you see fit.

Is This Accurate?

Commodities-API can provide real-time commodity data with a 2 decimal point precision and a frequency of up to 60 seconds. Exchange rates for practically every commodity are provided, as well as Precious Metals, currency conversion, Time-Series data, and volatility statistics.

Rice, wheat, coffee, corn, sugar, Brent crude oil, West Texas Intermediate crude oil, soybeans, gold, silver, and other commodities all gain. This API delivers precise commodity and exchange rate data for nearly every commodity, as well as 170 different foreign currencies, including Bitcoin and other major cryptocurrencies.


Also published on Medium.

Published inAppsTechnology
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