Have you ever heard of Red Palm Oil? I have heard of Palm Oil before being using in cold process soap making, but I never heard of Red Palm Oil. According to the article, Red Palm Oil - Soap Making Oil and More! by Skat on Article Trader it is somewhat different from regular Palm Oil because it is refined and bleached. It also contains more carotenoids, tocophenols and tocotrienols, with non-hydrogenated natural saturated fats, (50%), and unsaturated fats, (50%). The main type of unsaturated fat in this oil is oleic acid, which is predominant in Olive Oil, as well.
I learned alot more about this ingredient by reading Skat's article and I recommend you should read it too if you make cold process soap. As a soapmaking oil, it makes a great nice hard bar of soap with a stable lather. It blends well with other soap making oils, such as: coconut and olive oil. In your homemade soap recipes you may want to naturally color your soap a warm yellow-orange tint.