Two issues that seem to pop up a lot that are really hard to answer are: Is preservative is needed in diluted liquid soap? and How pure is my NaOH?
NaOH or KOH does not go bad simply with time. What makes either one go "bad" is exposure to the water and carbon dioxide in the air. If you can keep an alkali properly protected, it will last for centuries. If you don't protect it from water and CO2 (or other things it wants to react with), it will lose a lot of its purity within mere hours or days. The consequence of this loss of purity for soapers is that low purity NaOH won't fully saponify the fats in your recipe. You can expect a range of results from "the soap remains soupy and just won't come to trace or saponify" to "the soap looks fine but if I could measure the superfat, I would find it is is overly high."
When NaOH or KOH absorbs water from the air, it gains water weight, so 1 gram of NaOH that is clumpy from absorbing water is not 1 gram of pure NaOH. Some of that weight will be useless water. When NaOH or KOH absorbs CO2 from the air, NaOH will react with the CO2 and become sodium carbonate (washing soda) and KOH reacts with CO2 to become potassium carbonate. The carbonates don't easily make soap, so this reduces the amount of alkali available for soaping as well. One gram of NaOH that's contaminated with sodium carbonate is not 1 gram of pure NaOH.
That said, some clumpiness doesn't automatically mean the NaOH has become so impure it shouldn't be used to make soap. It might be ... or it might not ... so how can we tell for sure? The best way is to test it; otherwise we're really just guessing. Once we have a number for the purity, that number can even be used to adjust the weight so enough actual NaOH is used to make good soap.
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Nikos (Ngian) started a recent thread about an interesting presentation by Kevin Dunn (it's on the Essential Depot blog). Dunn was talking in the presentation about a simple way of testing the purity of solid NaOH purity using citric acid. It's a method that anyone can do in your kitchen as long as you have a decently accurate scale and some citric acid. I tried his method and adapted it to testing solid KOH as well. It can even be adapted to testing masterbatched lye solution, if there's interest in that.
Dunn's quick test seems to work well, although I figure it's only going to give an answer that's accurate within a percent or two, if you have a scale that can weigh to 0.1 gram or better. That wouldn't make an analytical chemist happy, but Dunn's method is reasonably good enough for soapers using NaOH or KOH for soap making. And it's simple, fast, and easy to do.
Here's a shameless link to my website where I have more about this test:
http://classicbells.com/soap/soapyStuff.html Look at "NaOH or KOH purity check" for a video and written tutorial to the test I've been talking about. Look at "NaOH deliquescence" for a short video on how fast NaOH can absorb water from the air. Check out "'Dry bucket' for NaOH or KOH storage" for a video that shows my version of KChaystack's method of storing NaOH and KOH in a large plastic bucket. If you have any questions about any of this, please ask.