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Chewing tobacco bans in India work to depress menthol prices

| February 11, 2013

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

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