December arabica coffee (KCZ24) Thursday closed up +4.70 (+1.88%), and November ICE robusta coffee (RMX24) closed up +49 (+1.01%). Coffee prices rose Thursday on tightness in coffee inventories. ICE-monitored arabica coffee inventories fell to a 4-month low of 795,874 bags last Thursday, and ICE-monitored robusta coffee inventories fell to a 4-3/4 month low of 4,253 lots Thursday. Coffee inventories had recently recovered as ICE-monitored arabica coffee inventories rose to a 1-1/2 year high of 858,474 bags on September 12, up from the 24-year low of 224,066 bags posted in November 2023. Also, …