Menthol prices in India have fallen due to the bans that have been imposed in some states on certain types of chewing tobacco, according to a story by Keshav Seth for TopNews.
The FMCG company, Emami, was quoted as saying that it was enjoying lower raw material costs because of the bans and a growth in the production of mint, from whose leaves menthol oil is extracted.
The bans have affected formerly popular tobacco-containing, oral products including paan masala and gutkha.
Emami believes that menthol prices will remain at their current low levels.
Category: Breaking News