Chewing tobacco bans in India work to depress menthol prices

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.