Aluminum Futures
Industrial metals · Monthly series · COMEX:ALI1!
Latest, October 2026
3,167.50 USD (exchange quote)
-4.1% from September 2026
Forecast
Forecast for October 2027: 2,898.21 USD (exchange quote), with an 80% interval of 1,759.02 USD (exchange quote) to 4,155.18 USD (exchange quote).
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| November 2026 | 3,144.94 USD (exchange quote) | 2,972.01 USD (exchange quote) | 3,325.23 USD (exchange quote) |
| December 2026 | 3,124.66 USD (exchange quote) | 2,805.37 USD (exchange quote) | 3,447.64 USD (exchange quote) |
| January 2027 | 3,104.04 USD (exchange quote) | 2,784.38 USD (exchange quote) | 3,421.91 USD (exchange quote) |
| February 2027 | 3,079.09 USD (exchange quote) | 2,403.32 USD (exchange quote) | 3,747.08 USD (exchange quote) |
| March 2027 | 3,055.15 USD (exchange quote) | 1,701.11 USD (exchange quote) | 4,418.47 USD (exchange quote) |
| April 2027 | 3,031.71 USD (exchange quote) | 1,558.22 USD (exchange quote) | 4,531.92 USD (exchange quote) |
| May 2027 | 3,006.82 USD (exchange quote) | 1,737.80 USD (exchange quote) | 4,285.60 USD (exchange quote) |
| June 2027 | 2,981.21 USD (exchange quote) | 1,681.38 USD (exchange quote) | 4,298.97 USD (exchange quote) |
| July 2027 | 2,957.11 USD (exchange quote) | 1,979.92 USD (exchange quote) | 3,957.53 USD (exchange quote) |
| August 2027 | 2,935.29 USD (exchange quote) | 2,048.00 USD (exchange quote) | 3,875.57 USD (exchange quote) |
| September 2027 | 2,918.34 USD (exchange quote) | 1,446.28 USD (exchange quote) | 4,478.64 USD (exchange quote) |
| October 2027 | 2,898.21 USD (exchange quote) | 1,759.02 USD (exchange quote) | 4,155.18 USD (exchange quote) |
AI confidence
Needs refreshThe data refresh is due. Confidence will be reassessed against the refreshed history.
Model: Timestral (foundation model)
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
4 of 4 models evaluatedModels are selected on older tests and evaluated on separate recent tests. All four classes completed their backtests.
Models tested
Timestral scored lowest on the 3 older tests (0.93) and was chosen. The 6 recent tests played no part in the choice and give its grade (1.08). The search for a model that beats the naive forecast on both sets of tests goes on. Scores are MASE: a model's errors divided by the naive forecast's, so 1 is a tie.
4 model classes completed the tests: Foundation model, Statistical, Machine learning, Neural network.
| Model | Class / library | Older tests | Recent tests | Role |
|---|---|---|---|---|
| Timestral (foundation model) | Foundation model · Timestral · GPU | 0.93 | 1.08 | Serving |
| Naive forecast (last value held) | Benchmark · CPU | 1.00 | 1.00 | Benchmark |
| AutoETS (statistical) | Statistical · StatsForecast · CPU | 1.02 | 1.00 | Tested |
| CatBoost (machine learning) | Machine learning · MLForecast · CPU | 1.29 | 1.21 | Tested |
| N-HiTS (neural network) | Neural network · NeuralForecast · CPU | 1.32 | 2.20 | Tested |
Reading
It is above 92% of the 119 earlier readings since November 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| October 2026 | 3,167.50 USD (exchange quote) |
| September 2026 | 3,303.25 USD (exchange quote) |
| August 2026 | 3,406.75 USD (exchange quote) |
| July 2026 | 3,364.25 USD (exchange quote) |
| June 2026 | 3,258.00 USD (exchange quote) |
| May 2026 | 3,651.75 USD (exchange quote) |
| April 2026 | 3,431.25 USD (exchange quote) |
| March 2026 | 3,389.75 USD (exchange quote) |
| February 2026 | 3,077.50 USD (exchange quote) |
| January 2026 | 3,090.75 USD (exchange quote) |
| December 2025 | 2,972.25 USD (exchange quote) |
| November 2025 | 2,844.75 USD (exchange quote) |
| October 2025 | 2,862.25 USD (exchange quote) |
| September 2025 | 2,622.00 USD (exchange quote) |
| August 2025 | 2,529.50 USD (exchange quote) |
| July 2025 | 2,493.00 USD (exchange quote) |
| June 2025 | 2,563.00 USD (exchange quote) |
| May 2025 | 2,364.75 USD (exchange quote) |
| April 2025 | 2,318.25 USD (exchange quote) |
| March 2025 | 2,475.75 USD (exchange quote) |
| February 2025 | 2,582.00 USD (exchange quote) |
| January 2025 | 2,588.00 USD (exchange quote) |
| December 2024 | 2,546.50 USD (exchange quote) |
| November 2024 | 2,588.50 USD (exchange quote) |
Source
Data: COMEX feed via TradingView.
More from Agentic Investor
- Open Aluminum Futures in the app: the interactive chart and a fresh forecast
- World and commodity series: every stored series
- Vietnam indicators