As TG has explained, the cello will yellow with or without the cigars. So it's not the "oils" as some suggest.
A yellow cello (damn you Delta and that song) will indicate that the cigar has some age, but zero indication of whether it's been aged properly. In fact, if TG's experiment is accurate (and I never doubt TG) then heat exacerbates the process so a yellow hue can indicate too high temps.
The yellowing is just a color shift that indicates the product is degrading. A thicker film would resist this better than a thin one, all else being equal.
I have worked with cellulose based polymers, but never with cellophane itself. The only property worthy of mention is it's ability to be impervious to almost everything except water vapor. So age away.