Palm kernel oil soap making: a good soap must contain at least 15 per cent laurate for quick lathering, while soap made for use in sea water is based on virtually 100 per cent laurate. Derivatives of palmitic acid were used in combination with naphtha during World War II to produce napalm (aluminum naphthenate and aluminum palmitate). Palm kernel oil Palm kernel oil is an edible plant oil derived from the kernel of the oil palm "Elaeis guineensis". It should not be confused with the other two edible oils derived from palm fruits: palm oil, extracted from the pulp of the oil palm
Commodity market Commodity market A commodity market is a market that trades in primary economic sector rather than manufactured products. Soft commodities are agricultural products such as wheat, coffee, cocoa, fruit and sugar. Hard commodities are mined, such as gold and oil. Investors access about 50 major commodity markets worldwide with purely financial transactions increasingly outnumbering physical trades in which goods are delivered. Futures contracts are the oldest way of investing in commodities. Futures are secured by physical assets. Commodity markets can include physical trading and derivatives trading using spot prices, forwards, futures, and options on futures. Farmers have used a simple