* ICE Futures U.S. December arabica <KCZ8> tumbled 5.70 cents or 4.8 percent to $1.1325 per lb, the lowest settlement for the front-month contract since Sept. 7, 2007.

    * Trading range from $1.1260 to $1.1875.

    * Key contract still above $1.0935, the 15-month intraday low for the spot contract hit on Oct. 8.

    * By 2:14 p.m. EDT (1814 GMT) the December contract was down 6.55 cents at $1.1240. The market closes at 3:15 p.m.

    * December volume reached a moderate 8,668 lots at the same time.

    * Arabica futures heavily pressured by global stock markets that led to investor selling - traders.

    * The turmoil in credit markets poses a "significant threat" to an already slowing U.S. economy, Federal Reserve Chairman Ben Bernanke said on Wednesday, suggesting an openness to further interest-rate cuts.

    * Investors scurried to safe-havens, with global stock prices falling sharply, as fear of a deepening worldwide slowdown wiped away optimism seen earlier this week over governments' bold steps to avert a financial meltdown.

    * The Reuters-Jefferies CRB index <.CRB>, which tracks 19 futures commodity contracts, fell around four percent.

    * Final arabica volume on Tuesday reached 12,911 lots. Open interest rose 531 lots to 132,198 lots as of Oct. 14 - ICE data.