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TRADE ACCOUNTS PAYABLE (Tables)
 12 Months Ended
Dec. 31, 2019
TRADE ACCOUNTS PAYABLE  
Schedule of trade accounts payable

 

  

December 31,

  

December 31,

 

 

2019

 

2018

In local currency

 

   

 

   

Related party (Companies of the Suzano group)

 

2,478

 

1,804

Third party

 

1,288,774

 

558,041

 

 

 

 

 

In foreign currency

 

   

 

   

Third party (1)

 

1,085,207

 

72,720

 

 

2,376,459

 

632,565

 

1)

The Company had a take or pay agreement with Klabin S.A., under conditions differentiated in terms of volume, exclusivity, guarantees and payment terms in up to 360 days, and prices were practiced under conditions of contractually established. Following the requirements imposed by the European Union's competition authority, the contract with Klabin expired in July 2019. On December 31, 2019, the amount of R$936,887 in the consolidated refers to purchases of Klabin's pulp.