Obtain Bitumen (BITUMEN) prices via this API

Introduction

In the rapidly evolving landscape of digital finance, obtaining accurate and real-time data on commodities like Bitumen (BITUMEN) has become essential for developers and businesses alike. The Metals-API provides a robust solution for accessing Bitumen prices and other metal data through its comprehensive API. This blog post will delve into the intricacies of the Metals-API, exploring its capabilities, the markets surrounding Bitumen, and how developers can leverage this technology for innovative applications.

About Bitumen (BITUMEN)

Bitumen, a viscous black mixture of hydrocarbons, is primarily used in road construction and roofing. Its significance in the construction and infrastructure sectors cannot be overstated, as it plays a crucial role in enhancing durability and performance. The digital transformation in metal markets, particularly for Bitumen, is being driven by technological innovations and advancements in data analytics. The integration of smart technology into these markets allows for real-time tracking of prices, enabling stakeholders to make informed decisions.

As the demand for Bitumen continues to rise, understanding its market dynamics becomes increasingly important. The Metals-API offers developers the tools to access vital data, analyze trends, and gain insights into price fluctuations. This empowers businesses to stay ahead of the curve and adapt to changing market conditions.

API Description

The Metals-API is a powerful tool designed to provide real-time and historical data on various metals, including Bitumen. With its user-friendly interface and comprehensive documentation, developers can easily integrate the API into their applications. The API's capabilities extend beyond simple price retrieval; it encompasses a range of features that facilitate advanced data analysis and reporting.

One of the key advantages of the Metals-API is its ability to deliver real-time data. Depending on the subscription plan, users can access the latest rates updated every 60 minutes or even every 10 minutes. This feature is particularly beneficial for traders and businesses that require up-to-the-minute information to make timely decisions.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to serve specific needs. Here are some of the most notable features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for Bitumen and other metals. This endpoint is crucial for developers who need to display current prices in their applications. The response includes a timestamp, base currency, and rates for various metals.

{
        "success": true,
        "timestamp": 1749103215,
        "base": "USD",
        "date": "2025-06-05",
        "rates": {
            "BITUMEN": 0.000482
        },
        "unit": "per ton"
    }

Historical Rates Endpoint

Accessing historical rates is vital for trend analysis. The Historical Rates Endpoint allows users to query rates dating back to 2019. By appending a specific date, developers can retrieve past prices and analyze market movements over time.

{
        "success": true,
        "timestamp": 1749016815,
        "base": "USD",
        "date": "2025-06-04",
        "rates": {
            "BITUMEN": 0.000485
        },
        "unit": "per ton"
    }

Bid And Ask Endpoint

This endpoint provides real-time bid and ask prices for Bitumen, allowing traders to gauge market sentiment and make informed trading decisions. The bid and ask prices reflect the current market conditions and can vary based on demand and supply.

{
        "success": true,
        "timestamp": 1749103215,
        "base": "USD",
        "date": "2025-06-05",
        "rates": {
            "BITUMEN": {
                "bid": 0.000481,
                "ask": 0.000483,
                "spread": 2.0e-6
            }
        },
        "unit": "per ton"
    }

Convert Endpoint

The Convert Endpoint allows users to convert amounts from one metal to another or to/from USD. This feature is particularly useful for businesses that deal with multiple currencies and need to streamline their transactions.

{
        "success": true,
        "query": {
            "from": "USD",
            "to": "BITUMEN",
            "amount": 1000
        },
        "info": {
            "timestamp": 1749103215,
            "rate": 0.000482
        },
        "result": 0.482,
        "unit": "tons"
    }

Time-Series Endpoint

The Time-Series Endpoint enables users to query daily historical rates between two specified dates. This feature is essential for analyzing trends and making predictions based on past performance.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-05-29",
        "end_date": "2025-06-05",
        "base": "USD",
        "rates": {
            "2025-05-29": {
                "BITUMEN": 0.000485
            },
            "2025-06-05": {
                "BITUMEN": 0.000482
            }
        },
        "unit": "per ton"
    }

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how prices fluctuate over a specified period. This information is crucial for understanding market volatility and making strategic decisions.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-05-29",
        "end_date": "2025-06-05",
        "base": "USD",
        "rates": {
            "BITUMEN": {
                "start_rate": 0.000485,
                "end_rate": 0.000482,
                "change": -3.0e-6,
                "change_pct": -0.62
            }
        },
        "unit": "per ton"
    }

Open/High/Low/Close (OHLC) Price Endpoint

This endpoint provides open, high, low, and close prices for Bitumen over a specified time period. It is particularly useful for traders looking to analyze price movements and make informed trading decisions.

{
        "success": true,
        "timestamp": 1749103215,
        "base": "USD",
        "date": "2025-06-05",
        "rates": {
            "BITUMEN": {
                "open": 0.000485,
                "high": 0.000487,
                "low": 0.000481,
                "close": 0.000482
            }
        },
        "unit": "per ton"
    }

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols, dating back to 2008. This endpoint is particularly useful for developers looking to analyze long-term trends in the Bitumen market.

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.

Conclusion

The Metals-API is a powerful tool for developers seeking to access real-time and historical data on Bitumen and other metals. With its extensive range of features, including the Latest Rates, Historical Rates, and Bid/Ask endpoints, the API empowers businesses to make informed decisions based on accurate data. As the digital transformation in metal markets continues to evolve, leveraging the capabilities of the Metals-API will be crucial for staying competitive.

For more information on how to implement these features and to explore the full capabilities of the API, visit the Metals-API Documentation. By understanding the intricacies of the API and utilizing its features effectively, developers can create innovative applications that harness the power of real-time metals data.