Access Bitumen (BITUMEN) Historical Prices utilizing this API

Access Bitumen (BITUMEN) Historical Prices Utilizing this API

In the rapidly evolving landscape of digital transformation, the demand for accurate and real-time data has never been more critical, especially in the metal markets. One such metal that has garnered attention is Bitumen (BITUMEN). This blog post delves into the historical prices of Bitumen and how developers can leverage the Metals-API to access this data effectively. We will explore the innovative capabilities of the Metals-API, its various endpoints, and how they can empower developers to create next-generation applications that harness the power of real-time metals data.

About Bitumen (BITUMEN)

Bitumen, often referred to as asphalt, is a black, sticky substance that is a byproduct of crude oil refining. It is primarily used in road construction and roofing, making it a crucial component in infrastructure development. As the world moves towards smarter technology integration, the demand for accurate pricing data for Bitumen has surged. This is where the Metals-API comes into play, offering developers the tools needed to access historical prices and trends in the Bitumen market.

The digital transformation in metal markets has been driven by technological innovation and advancements in data analytics. With the integration of smart technologies, stakeholders can now gain insights into market trends, price fluctuations, and historical data, enabling them to make informed decisions. The Metals-API provides a robust platform for accessing this data, allowing developers to build applications that can analyze and visualize historical price trends for Bitumen.

API Description

The Metals-API is a powerful tool that provides real-time and historical data for various metals, including Bitumen. It empowers developers to create applications that can access and analyze metals data seamlessly. The API is designed with innovation in mind, offering a range of endpoints that cater to different data needs.

One of the standout features of the Metals-API is its ability to provide real-time exchange rate data, updated frequently depending on the subscription plan. This ensures that developers have access to the most current information, which is crucial for making timely decisions in the fast-paced metal markets.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that can be utilized to access different types of data. Here are some of the key features:

Latest Rates Endpoint: This endpoint provides real-time exchange rate data for Bitumen and other metals. Depending on your subscription plan, the API can return data updated every 60 minutes or even more frequently. This feature is essential for applications that require up-to-the-minute pricing information.
Historical Rates Endpoint: Developers can access historical rates for Bitumen dating back to 2019. By appending a specific date to the API request, users can retrieve historical pricing data, which is invaluable for trend analysis and forecasting.
Bid And Ask Endpoint: This feature allows developers to retrieve real-time bid and ask prices for Bitumen. Understanding the bid-ask spread is crucial for traders and investors looking to make informed decisions based on market conditions.
Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts from one metal to another or to/from USD. This is particularly useful for applications that require multi-currency support.
Time-Series Endpoint: This endpoint allows developers to query the API for daily historical rates between two dates of their choice. This feature is ideal for analyzing price movements over specific periods.
Fluctuation Endpoint: With this endpoint, users can track how Bitumen prices fluctuate on a day-to-day basis. This data is essential for understanding market volatility and making strategic decisions.
Carat Endpoint: While primarily focused on precious metals, the Metals-API also provides information about gold rates by carat, which can be relevant for developers working with multiple metal types.
Lowest/Highest Price Endpoint: This endpoint allows users to query the API for the lowest and highest prices of Bitumen over a specified period, providing insights into market extremes.
Open/High/Low/Close (OHLC) Price Endpoint: Developers can access the open, high, low, and close prices for Bitumen, which are critical for technical analysis and trading strategies.
Historical LME Endpoint: For those interested in LME symbols, this endpoint provides historical rates 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 Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, including Bitumen, ensuring developers have access to the latest data.
Gold Price India Endpoint: For developers focused on the Indian market, this endpoint retrieves the latest gold prices in India, showcasing the API's versatility.
News Endpoint: The Metals-API also includes a news endpoint that allows users to retrieve the latest articles related to various metals, keeping developers informed about market trends.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective implementation. Below are examples of JSON responses for various endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1755064951,
    "base": "USD",
    "date": "2025-08-13",
    "rates": {
        "BITUMEN": 0.000482
    },
    "unit": "per ton"
}

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1754978551,
    "base": "USD",
    "date": "2025-08-12",
    "rates": {
        "BITUMEN": 0.000485
    },
    "unit": "per ton"
}

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-08-06",
    "end_date": "2025-08-13",
    "base": "USD",
    "rates": {
        "2025-08-06": {
            "BITUMEN": 0.000485
        },
        "2025-08-08": {
            "BITUMEN": 0.000483
        },
        "2025-08-13": {
            "BITUMEN": 0.000482
        }
    },
    "unit": "per ton"
}

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "BITUMEN",
        "amount": 1000
    },
    "info": {
        "timestamp": 1755064951,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "tons"
}

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-08-06",
    "end_date": "2025-08-13",
    "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) Price Endpoint

{
    "success": true,
    "timestamp": 1755064951,
    "base": "USD",
    "date": "2025-08-13",
    "rates": {
        "BITUMEN": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "unit": "per ton"
}

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1755064951,
    "base": "USD",
    "date": "2025-08-13",
    "rates": {
        "BITUMEN": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        }
    },
    "unit": "per ton"
}

Conclusion

Accessing historical prices for Bitumen through the Metals-API opens up a world of possibilities for developers looking to create innovative applications in the metal markets. With its comprehensive range of endpoints, the Metals-API provides the tools necessary to analyze market trends, track price fluctuations, and make informed decisions based on real-time data.

As the industry continues to evolve, the integration of smart technology and data analytics will play a pivotal role in shaping the future of metal markets. By leveraging the capabilities of the Metals-API, developers can stay ahead of the curve and contribute to the ongoing digital transformation in this space.

For more information on how to get started with the Metals-API, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals. Visit the Metals-API Website to learn more about how this powerful tool can enhance your applications and provide valuable insights into the metal markets.

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Access Bitumen (BITUMEN) Historical Prices utilizing this API