Aluminium Price Forecast Based on Machine Learning (Apr 10-14, 2023)

SHANGHAI, Apr 10 (SMM) – The machine learning indicates that the most-traded SHFE aluminium contract will fluctuate downwards or rangebound this week. The random forest & time series model predicts that the price range of the most-traded SHFE aluminium contract will be [18,380, 18,970], and the extreme price range will be [18,230, 19,060]. The LSTM & time series model predicts that the range of SMM A00 aluminum average price will be [18,370, 18,980], and the extreme range will be [18,250, 19,050]. According to the SMM weekly fundamentals forecast model, the range of SMM A00 aluminum average price will be [18,480, 18,970].