SMM Aluminium Price Forecast Based on Machine Learning (Mar 27-31, 2023)

SHANGHAI, Mar 27 (SMM) – The machine learning indicates that the most-traded SHFE aluminium contract will fluctuate upwards or show an inverted V-shaped pattern this week. The random forest & time series model predicts that the price range of the most-traded SHFE aluminium contract will be [18,180, 18,950], and the extreme price range will be [18,090, 19,230]. The LSTM & time series model predicts that the range of SMM A00 aluminium average price will be [18,130, 18,930], and the extreme range will be [18,080, 19,210]. According to the SMM weekly fundamentals forecast model, the range of SMM A00 aluminium average price will be [18,140, 19,000].