Arabica coffee is grown in the highlands of Ethiopia, and it’s the most popular variety of coffee in the world. This variety of coffee is known for its superior taste and aroma, and it’s grown in a limited region of the world. Arabica coffee is in high demand, but there are many challenges for producers as the Arabica coffee market is facing a significant downturn in the early part of the new year. 

The price of Arabica has fallen to its lowest point in five years, and it is estimated that at least one-third of the world’s coffee crop is unsellable due to low quality. This is due to a combination of factors, including climate change, disease, and the failure of many farmers to adhere to industry standards. The situation is so dire that some experts are now predicting that the Arabica coffee market will crash completely over the next few years. 

Because of that, having a deeper understanding of the Arabica coffee market can help you make better business decisions and avoid major losses. The best and most practical way of performing this task is by making use of an Arabica coffee futures API. This kind of API usually covers different market data on Arabica coffee by using artificial intelligence. As a suggestion, make use of a reliable API, such as the commodities API.

Commodities API

The commodities API can help you predict unfavorable changes in the market for Arabica coffee so you can make strategic decisions for your business. It provides different sets of data, such as the latest rate prices, fluctuation data, historical data, and more. The use of this API to automate the collection of this data, results in faster and more accurate insights. This API may not only serve traditional businesses but also developers. It can save them time and money by allowing them to use commercial services instead of having to build them themselves. Finally, please be aware, this API is not limited to the Arabica coffee market, it provides information on other different commodities. 

How Does It Work? 

Remember, all you need is an account on the commodities API to start making use of it. In the case of the Arabica coffee asset, to make an API call, simply provide the Arabica coffee symbol, endpoint, and currency for the information you want to request. Finally, run the API call and wait for a few seconds for the response. 

For instance, we wanted to obtain information on Arabica coffee in December 2024. So we choose the symbol “KCZ24“, the “Latest Rates” endpoint, and the “USD” base currency. The response we got is given below:

{"data":{"success":true,"timestamp":1686625140,"date":"2023-06-13","base":"USD","rates":{"KCZ24":0.0054704595185996},"unit":{}}}

Per the above response, one US dollar will be equivalent to 0.0054704595185996 Arabica coffee units in December 2024.

The commodities API is a platform that unlocks insights for success in Arabica coffee and other assets. This offers the latest pricing information, and other insights that help Arabica coffee producers and buyers make better decisions. Wait no longer and unlock insights for the success of both producers and buyers of Arabica coffee by using the commodities API!