Do you want to invest in the coffee market? You must acquire current values from reliable sources. Here we recommend a coffee rates API with Jakarta Futures Exchange data.
Coffee is a powerful beverage derived from the roasted and ground seeds of the coffee plant’s fruits; it contains caffeine, a psychoactive chemical. This is one of the world largest most promoted items, as well as one of the top 3 most consumed beverages.
Global coffee output has reached 163.7 million 60-kilogram bags as of 2021/2022. South America, particularly Brazil, produces the vast majority of the world’s coffee. In 2021, Brazil will manufacture 61.7 million 60-kilogram coffee bags. As a result of these figures, stock investors are seeking new methods to put their capital to work in the coffee industry.
If you want to invest in this resource, you should use an API. It is software that connects multiple devices and lets them communicate. There are several of them on the Internet, but not all of them work in the same way or give an equal amount of information. To participate in the coffee market you have to guarantee the most reliable information to analyze the values changes across the time and stay updated about the current prices.
To afford this, you should use Commodities-API which is the most accurate one in all the networks. It offers data from Jakarta Futures Exchanges. It is a futures exchange that lists commodities such as coffee, gold, and crude palm oil contracts.
Commodities-API is a highly user-friendly platform. This tutorial will assist you in the following ways:
- Register for an account on the website.
- Obtain an API key; each key is distinct and legitimate.
- Choose your preferred currency and commodity (COFFEE).
Commodities-API is a website that gives access to an API, which is a software program that gathers market data for goods and economies all over the globe, such as coffee, corn, wheat, rubber products, and fuels. The reality that it is open and available, as well as having a result timeout of less than a minute and data precision to two decimal places, are all benefits of this system.
Commodities-API is a very safe platform since it employs SSL encryption, which is a specified technique that encrypts data transit between a web browser and a website (or between two web servers), therefore securing the connection. This form of security is quite similar to what is utilized in banks.