March arabica coffee (KCH24) on Thursday closed up +2.25 (+1.20%), and Mar ICE robusta coffee (RMH24) closed up +18 (+0.56%). Coffee prices on Thursday posted moderate gains, rebounding from Wednesday’s 1-week lows. A weaker dollar (DXY00) on Thursday sparked some short covering in coffee futures. Also, Thursday’s decline in ICE-monitored robusta coffee inventories to a record low was bullish for robusta prices. Coffee prices on Wednesday fell to 1-week lows on forecasts for rain in Brazil’s coffee-growing regions. Also, coffee prices were undercut by Monday’s news from exporter group Cecafe t…