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FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT - Derivatives outstanding by type of contract (Details)
R$ in Thousands, $ in Thousands
Dec. 31, 2020
USD ($)
Dec. 31, 2020
BRL (R$)
Dec. 31, 2019
USD ($)
Dec. 31, 2019
BRL (R$)
Financial Instruments and Risks        
Fair value   R$ (6,775,980)   R$ (1,818,941)
Operational Hedge        
Financial Instruments and Risks        
Fair value   (772,509)   67,078
Operational Hedge | Zero Cost Collar        
Financial Instruments and Risks        
Notional Amount | $ $ 3,212,250   $ 3,425,000  
Fair value   (780,457)   67,078
Operational Hedge | NDF (R$ x US$)        
Financial Instruments and Risks        
Notional Amount | $ 80,000      
Fair value   7,948    
Debt Hedge        
Financial Instruments and Risks        
Fair value   (6,374,130)   (2,154,474)
Debt Hedge | Interest rate hedge | Swap LIBOR x Fixed (U.S.$)        
Financial Instruments and Risks        
Notional Amount | $ 3,683,333   2,750,000  
Fair value   (1,059,192)   (444,910)
Debt Hedge | Interest rate hedge | Swap IPCA x CDI        
Financial Instruments and Risks        
Notional Amount | $ 843,845   843,845  
Fair value   285,533   233,255
Debt Hedge | Interest rate hedge | Swap IPCA x Fixed (U.S.$)        
Financial Instruments and Risks        
Notional Amount | $ 121,003   121,003  
Fair value   (114,834)   30,544
Debt Hedge | Interest rate hedge | Swap CDI x Fixed (U.S.$)        
Financial Instruments and Risks        
Notional Amount | $ 2,267,057   3,115,614  
Fair value   (4,977,309)   (1,940,352)
Debt Hedge | Interest rate hedge | Pre-fixed Swap to U.S.$ (U.S.$)        
Financial Instruments and Risks        
Notional Amount | $ 350,000   350,000  
Fair value   (508,328)   (33,011)
Commodity Hedge        
Financial Instruments and Risks        
Fair value   370,659   268,455
Commodity Hedge | Swap US-CPI (standing wood)        
Financial Instruments and Risks        
Notional Amount | $ 646,068   679,485  
Fair value   354,900   268,547
Commodity Hedge | Swap VLSFO/Brent        
Financial Instruments and Risks        
Notional Amount | $ $ 37,757   $ 365  
Fair value   R$ 15,759   R$ (92)