Commodity Prices API: Real-Time Market Data for Traders & Businesses

Commodities: Prices, Trends, and Access to Data via API

What Are Commodities and Why Are They Important?

Commodities are raw materials traded on global markets. They fall into two main categories:

  • Agricultural products: wheat, corn, soybeans, coffee, sugar, cocoa, rice, milk.
  • Industrial and energy resources: gold, silver, crude oil, natural gas, aluminum, copper, steel, coal.

Commodity prices impact the economy, stock markets, and inflation, making them crucial for traders, analysts, and businesses.

What Affects Commodity Prices?

  • Supply and demand: A shortage of resources (e.g., lithium for batteries) drives prices up.
  • Geopolitical factors: Sanctions, conflicts, or trade restrictions affect oil markets (Brent, crude oil, Urals oil).
  • Weather conditions: Droughts or hurricanes can reduce wheat (wheat), corn (corn), or coffee (coffee) yields.
  • Production costs: Rising extraction costs for metals (copper, nickel, zinc, aluminum) impact final prices.
  • Financial markets: Currency fluctuations and inflation influence prices of gold (gold) and silver (silver).

Where to Get Up-to-Date Commodity Data?

FinanceFlowAPI provides real-time prices for over 80 commodities, including:

  • ✅ Metals: gold, silver, palladium, platinum, zinc, tin, copper, nickel, lithium, aluminum, iron ore
  • ✅ Energy resources: crude oil, Brent, natural gas, uranium, propane, gasoline, heating oil
  • ✅ Agricultural products: wheat, corn, soybeans, coffee, cocoa, rice, tea, sugar, sunflower oil
  • ✅ Index benchmarks: CRB Index, LME Index, GSCI, Nuclear Energy Index, Wind Energy Index

Benefits of Using an API for Commodity Data

  • Automation: Retrieve data without manual searching.
  • Accuracy: Real-time market prices with minimal delay.
  • Flexibility: API access allows seamless integration into trading systems, analytics platforms, and web applications.

How to Get Started?

  1. 1️⃣ Sign up for FinanceFlowAPI.
  2. 2️⃣ Choose a subscription plan (free plan with 20 requests/min or premium for high-volume data).
  3. 3️⃣ Integrate the API and track commodity prices in real-time.

Start using commodity data today and make informed investment decisions!