Get Bitumen (BITUMEN) Historical Prices with Metals-API

Get Bitumen (BITUMEN) Historical Prices with Metals-API

In today's rapidly evolving digital landscape, the demand for real-time data and analytics has never been greater, especially in the metal markets. One of the most sought-after commodities is Bitumen (BITUMEN), a crucial material in construction and road maintenance. Understanding historical prices for Bitumen is essential for developers, analysts, and businesses looking to make informed decisions. This blog post will explore how to retrieve historical prices for Bitumen using the Metals-API, a powerful tool that provides real-time and historical data for various metals and commodities.

About Bitumen (BITUMEN)

Bitumen is a viscous, black, and sticky substance derived from crude oil. It is primarily used in road construction, roofing, and waterproofing applications. As the world moves towards digital transformation, the metal markets, including Bitumen, are experiencing significant changes driven by technological innovation and advancements. The integration of smart technology and data analytics is reshaping how businesses operate, allowing for more precise forecasting and decision-making.

With the rise of data-driven insights, developers can leverage APIs like Metals-API to access comprehensive historical data on Bitumen prices. This access enables them to build applications that can analyze trends, forecast future prices, and provide valuable insights into market dynamics.

API Description

The Metals-API is designed to empower developers by providing a robust platform for accessing real-time and historical metals data. With its innovative capabilities, the API allows users to build next-generation applications that can analyze and visualize data in meaningful ways. The API supports a variety of endpoints, each tailored to specific functionalities, making it a versatile tool for developers.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data, updated frequently based on the user's subscription plan. This ensures that developers have access to the most current information, which is crucial for making timely decisions in a fast-paced market.

Key Features and Endpoints

The Metals-API offers a range of endpoints that provide various functionalities. Here are some of the key features:

  • Latest Rates Endpoint: This endpoint returns real-time exchange rate data for Bitumen and other metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on the subscription plan.
  • Historical Rates Endpoint: Users can access historical rates for Bitumen dating back to 2019. By appending a specific date to the API request, developers can retrieve past prices and analyze trends over time.
  • Bid and Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for Bitumen, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: The API includes a currency conversion feature, enabling users to convert amounts from one currency to another, facilitating seamless transactions.
  • Time-Series Endpoint: This endpoint allows developers to query daily historical rates between two dates, making it easier to analyze price movements over specific periods.
  • Fluctuation Endpoint: Users can track how Bitumen prices fluctuate on a day-to-day basis, providing insights into market volatility.
  • Lowest/Highest Price Endpoint: This feature enables users to query the API for the lowest and highest prices of Bitumen over a specified period, offering valuable insights into market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: Developers can retrieve open, high, low, and close prices for Bitumen, which are essential for technical analysis and trading strategies.
  • Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols, dating back to 2008, allowing for comprehensive market analysis.
  • API Key: Each user is assigned a unique API key that must be included in requests to authenticate and authorize access to the API.
  • API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies and metals, ensuring developers have access to the latest information.
  • News Endpoint: Users can retrieve the latest news articles related to Bitumen and other metals, keeping them informed about market developments.

List of Symbols

The Metals-API provides access to a comprehensive range of metal symbols, including Bitumen. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective implementation. Here are some examples of how the API responds to different requests:

Latest Rates Endpoint

Get real-time exchange rates for Bitumen and other available metals:

{
    "success": true,
    "timestamp": 1745114494,
    "base": "USD",
    "date": "2025-04-20",
    "rates": {
        "BITUMEN": 0.000482
    },
    "unit": "per ton"
}

Historical Rates Endpoint

Access historical exchange rates for Bitumen for any date since 2019:

{
    "success": true,
    "timestamp": 1745028094,
    "base": "USD",
    "date": "2025-04-19",
    "rates": {
        "BITUMEN": 0.000485
    },
    "unit": "per ton"
}

Time-series Endpoint

Get exchange rates for Bitumen over a specific time period:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-13",
    "end_date": "2025-04-20",
    "base": "USD",
    "rates": {
        "2025-04-13": {
            "BITUMEN": 0.000485
        },
        "2025-04-15": {
            "BITUMEN": 0.000483
        },
        "2025-04-20": {
            "BITUMEN": 0.000482
        }
    },
    "unit": "per ton"
}

Convert Endpoint

Convert any amount of Bitumen from one unit to another:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "BITUMEN",
        "amount": 1000
    },
    "info": {
        "timestamp": 1745114494,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "tons"
}

Fluctuation Endpoint

Track rate fluctuations for Bitumen between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-13",
    "end_date": "2025-04-20",
    "base": "USD",
    "rates": {
        "BITUMEN": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        }
    },
    "unit": "per ton"
}

OHLC (Open/High/Low/Close) Endpoint

Get OHLC data for Bitumen over a specific time period:

{
    "success": true,
    "timestamp": 1745114494,
    "base": "USD",
    "date": "2025-04-20",
    "rates": {
        "BITUMEN": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "unit": "per ton"
}

Bid/Ask Endpoint

Get current bid and ask prices for Bitumen:

{
    "success": true,
    "timestamp": 1745114494,
    "base": "USD",
    "date": "2025-04-20",
    "rates": {
        "BITUMEN": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        }
    },
    "unit": "per ton"
}

Conclusion

Accessing historical prices for Bitumen is crucial for developers and analysts looking to make informed decisions in the metal markets. The Metals-API provides a comprehensive suite of tools and endpoints that enable users to retrieve real-time and historical data efficiently. By leveraging the capabilities of this API, developers can build applications that analyze trends, forecast future prices, and provide valuable insights into market dynamics.

With features like the Latest Rates Endpoint, Historical Rates Endpoint, and Time-Series Endpoint, the Metals-API empowers users to make data-driven decisions. Additionally, the API's robust security measures, performance optimization strategies, and extensive documentation ensure that developers can integrate it seamlessly into their applications.

For more information on how to get started with the Metals-API, refer to the Metals-API Documentation. Explore the full range of supported symbols on the Metals-API Supported Symbols page and unlock the potential of real-time metals data today.

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