As jay165 clearly stated flash point is primarily important from a fluid handling standpoint.
ASTM has half a dozen procedures to determine flash points, see E502-84(2000). Flash point is a measure of the temperature to which the fluid (generally a fuel) must be heated to produce an ignitable vapour-air mixture above the liquid when exposed to an open flame.
A fluid with too low a flash point could be a fire hazard, subject to flashing, and possible continued ignition and explosion. Furthermore, a low-flash point in a heating or power generating fuel may indicate the presence of more volatile and explosive components such as gasoline.
Insurance companies, government agencies, and private users set mandatory limits on flash points because of fire hazard considerations, which must be taken into consideration when establishing fluid (especially heating and power generation fuel) specifications.
Flash point by closed testers are normally employed for fuel distillate hydrocarbons such as kerosine, gas oils, etc., and for residual fuels, because these procedures more normally approach the conditions of storage of fuel in tanks.
As a PS let's say that flash points and self-ignition points are not generally related.
![[pipe] [pipe] [pipe]](/data/assets/smilies/pipe.gif)