The rubber industry is very changeable. That’s why it is extremely important to keep up to date with price updates. Here we show how you can use an API to get the prices of different raw materials.
Rubber is extracted from Hevea trees by cutting into the bark and placing a container to collect the latex produced in the wound. Smoking the rubber over an open fire gave it a certain consistency and it could then be stretched to form even waterproof fabrics. This natural or synthetic substance is characterised by its elasticity, water repellency and electrical resistance.
There are two types of rubber: natural rubber is obtained from a milky white liquid called latex. It is found in many plants. It is also usually vulcanised, a process by which it is heated and sulphur or selenium is added, thus achieving the linking of the elastomer chains, to improve its resistance to temperature variations and elasticity. On the other hand, synthetic elastomers are prepared from unsaturated hydrocarbons.
The prices of this product tend to define economies. And it is the spot prices of this product that really influence the prices of other products. Therefore, it is very important to be informed about the prices of this product. To know them, you can use an API. This is an interface that connects one computer to another and allows them to communicate with each other. And then, when you make this call, you can see the prices. One of them is for example Commodities-API.
Here Are The Steps To Enter:
1- Enter www.commodities-API.com
2- Record to get your own API key.
3- Look for the symbols in the list.
4- Then make the API call. So, this can be done using the symbols on the dashboard.
5- The website will deliver an API in several computer terminologies.
It is a highly secure tool, as it collects information from banks and stock exchanges. And it is used to provide accurate and secure data. With Commodities-API, you can see the prices of all kinds of raw materials, such as gold, silver, coffee, sugar, oil, among others. It also offers different types of visible currencies.
The latest update provides prices in cryptocurrencies. The data displayed is accurate to 2 decimal points.