利民股份：农药价格受需求端因素和供给端因素共同影响

Group 1 - The core viewpoint is that the pesticide industry is at the end of the chemical industry chain and is classified as a fine chemical industry, with prices influenced by both demand and supply factors [2] - Demand-side factors affecting pesticide prices include grain prices, crop diseases, inventory levels, and planting seasons [2] - Supply-side factors include production capacity, industry governance policies, and raw material costs, indicating a cyclical nature of the industry [2] Group 2 - The company's price adjustments are based on market supply and demand conditions [2] - Historical price cycles and current trends in the pesticide industry can be referenced through the "Zhongnong Lihua raw material price index" [2]