Ah, the wonderful black powder...it drops in Mistmoore LDON's...it does not stack, so each one takes up an inventory slot.
What is it for?
Nothing! - So far no quest has been associated with this, and it ISN'T the powder that you need for the beastlord spell. As of this writing, it is still not associated with any tradeskill either.
What is it worth?
Nothing!
Tradeskill value: none
NPC vendor value: none
Tribute vendor: nope!
Casting identify on it simply returns the name "black powder" so it is unlikely to be a part of some obscure quest either.
Let it rot on the corpse or delete it.
Edited, Mar 29th 2010 8:53am by vashra