SMM Forecast For SHFE Aluminium Price After The Labour Day Holiday Based On Machine Learning

Published: Apr 28, 2023 16:52

Source: SMM

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SHANGHAI, Apr 28 (SMM) – The machine learning indicates that the most-traded SHFE aluminium contract will fluctuate rangebound or downwards after the Labour Day holiday.

SHANGHAI, Apr 28 (SMM) – The machine learning indicates that the most-traded SHFE aluminium contract will fluctuate rangebound or downwards after the Labour Day holiday. The random forest & time series model predicts that the price range of the most-traded SHFE aluminium contract will be [18,210, 18,890], and the extreme price range will be [18,150, 18,900]. The LSTM & time series model predicts that the range of SMM A00 aluminum average price will be [18,220, 18,850], and the extreme range will be [18,280, 18,910]. According to the SMM weekly fundamentals forecast model, the range of SMM A00 aluminum average price will be [18,280, 18,810].

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