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Will the OCTG coupling price be affected by the fluctuation of oil price?

As the price of oil continues to rise, the price of OCTG couplings is also rising. However, will the price of OCTG couplings be affected by fluctuations in oil prices? The impact of oil price fluctuations on coupling prices: The impact of oil price fluctuations on coupling prices is mainly manifested in two aspects. One is the direct impact, that is, as the price of crude oil rises, the price of couplings will also rise accordingly; the other is the indirect impact, that is, by affecting the price of pipelines, the rise in crude oil prices leads to an indirect increase in the price of couplings. However, due to the large fluctuations in oil prices in the market, the short-term impact on coupling prices is small, and in the long run, oil prices have a greater impact on coupling prices. According to statistics, in recent years, global oil prices have risen by 100% to 200%, while coupling prices have only increased by 10% to 20%. This shows that in the long run, fluctuations in oil prices have a greater impact on coupling prices. To sum up, the impact of oil price fluctuations on coupling prices is mainly reflected in the long-term price increase. 

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