Are you looking to get copper prices using the London Metal Exchange (LME) source? Well, look no further, in this informative article that we have prepared for you, you will find the answer to what you are looking for. It is the best LME historical rates API.
Copper is a transition metal that is very easy to recognize due to its reddish color. It has great malleability, electrical conductivity and ductility, and in recent years it has become the most used material for the manufacture of numerous electronic components and electrical elements, to the point of being the third most used metal globally, only behind iron and aluminum. Even this metal was one of the most important in the history of mankind. There is even a prehistoric age that uses its name, the copper age. Although thousands of years have passed, this metal is still very important.
Copper is the most used material for the manufacture of different kitchen utensils since it has great thermal conductivity. In addition, being so malleable, it is also used to make ornaments, cables, and jewelry. Although it is not the best metal conductor of electricity, it is the best quality/price, so it is very common to see copper electricity cables. Although this is something that many people are unaware of, the truth is that copper is present in a large number of organic structures in the human body. Moreover, it has a very important role in the creation of red blood cells and proper maintenance of blood vessels.
If you want to get the prices of this metal, without a doubt, the best option is to get them from the London Metal Exchange. This is the most famous company in the world and one of the most reliable for metal prices. For this, we suggest you use the Metals-API service.
Use Metals-API!
Metals-API is the best choice if you’re seeking the most recent prices on all the market’s metals, including gold, silver, lithium, and copper. This service is so quick and accurate that it can get rates with a 2 decimal place precision and up to a 60-second frequency.
However, quick knowledge that is not sourced from trustworthy sources is meaningless. Fortunately, 16 of the most reliable and secure sources in the world—including the London Metal Exchange (LME)—provide data to Metals-API. Customers including Chainlink, Metex, and Barrick Gold attest to its dependability.
Also, you will be able to compare costs across 170 different currencies from around the world, which is another fascinating detail. You have two alternatives regarding the costs associated with using this system. Use the free plan (with some restrictions on its service) or purchase an annual plan as your first choice (which offers unmissable benefits). In any case, you can also upgrade or downgrade your plan, if the one you are using is not sufficient for your needs. For example, if the basic plan is not enough for you, you can upgrade to a professional without any problem.
Issues? If you have any questions, you can contact this service directly by sending an email to [email protected], which is open 24/7 from 9 am to 6 pm (GMT+1). The typical response time for urgent requests is a few minutes.
Also published on Medium.