Indonesia’s May rubber exports present a case of supply-led momentum chasing fading value, underscoring a disconnect between shipment volumes and revenue realization. May ended with an export volume at its highest level so far this year, reaching 147,475 tons, up from 144,405 tons in April, the second-highest this year. But the value slipped to US$289.94 million, from April’s US$293.51 million.