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Aluminium Price Forecast Based On Machine Learning

iconMay 6, 2023 17:07
Source:SMM
The SMMI index dipped 0.91% on a weekly basis as of this Thursday.

The SMMI index dipped 0.91% on a weekly basis as of this Thursday. The machine learning indicates that the most-traded SHFE aluminium contract will fluctuate downwards or bottom out next week. The random forest & time series module of extrusion predicts that the price range of the most-traded SHFE aluminium contract will be [18,130, 18,790], and the extreme price range will be [18,050, 18,890]. The LSTM & time series model predicts that the range of SMM A00 aluminium average price will be [18,140, 18,810], and the extreme range will be [18,080, 18,900]. According to the SMM weekly fundamentals forecast model, the range of SMM A00 aluminium average price will be [18,130, 18,720].

Market forecast

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