SHFE Aluminium Price Forecast Based On Machine Learning

SHANGHAI, May 15 (SMM) - The machine learning indicates that the most-traded SHFE aluminium contract will fluctuate downwards or bottom out slightly this week. The random forest & time series model predicts that the price range of the most-traded SHFE aluminium contract will be [17,640, 18,460], and the extreme price range will be [17,450, 18,690]. The LSTM & time series model predicts that the range of SMM A00 aluminium average price will be [17,660, 18,410], and the extreme range will be [17,480, 18,650]. According to the SMM weekly fundamentals forecast model, the range of SMM A00 aluminium average price will be [17,640, 18,520].