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FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT - Outstanding of assets and liabilities derivatives positions (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)
Debt Hedge        
Financial Instruments and Risks        
Fair value   (6,374,130)   (2,154,474)
Operational Hedge        
Financial Instruments and Risks        
Fair value   (772,509)   67,078
Operational Hedge | Zero cost collar (U.S.$ x R$)        
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    
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   15,759   (92)
Assets | Debt Hedge        
Financial Instruments and Risks        
Fair value   483,564   25,887,797
Assets | Debt Hedge | Swap CDI x Fixed (U.S.$)        
Financial Instruments and Risks        
Notional amount   8,594,225   11,498,565
Fair value   719   11,673,117
Assets | Debt Hedge | Swap Pre-Fixed to U.S.$ (U.S.$)        
Financial Instruments and Risks        
Notional amount | $ 1,317,226   1,317,226  
Fair value   136,192   1,478,336
Assets | Debt Hedge | Swap LIBOR x Fixed (U.S.$)        
Financial Instruments and Risks        
Notional amount | $ 3,683,333   2,750,000  
Fair value   61,120   11,063,970
Assets | Debt Hedge | Swap IPCA x CDI        
Financial Instruments and Risks        
Notional amount | $ 974,102   933,842  
Fair value   285,533   1,093,067
Assets | Debt Hedge | Swap IPCA x Fixed (U.S.$)        
Financial Instruments and Risks        
Notional amount | $ 520,973   499,441  
Fair value       579,307
Liabilities | Debt Hedge        
Financial Instruments and Risks        
Fair value   (6,857,694)   (28,042,271)
Liabilities | Debt Hedge | Swap CDI x Fixed (U.S.$)        
Financial Instruments and Risks        
Notional amount | $ 2,267,057   3,115,614  
Fair value   (4,978,028)   (13,613,469)
Liabilities | Debt Hedge | Swap LIBOR x Fixed (U.S.$)        
Financial Instruments and Risks        
Notional amount | $ 350,000   350,000  
Fair value   (644,520)   (1,511,347)
Liabilities | Debt Hedge | Swap LIBOR x Fixed (U.S.$)        
Financial Instruments and Risks        
Notional amount | $ 3,683,333   2,750,000  
Fair value   (1,120,312)   (11,508,880)
Liabilities | Debt Hedge | Swap IPCA x CDI        
Financial Instruments and Risks        
Notional amount | $ 843,845   843,845  
Fair value       (859,812)
Liabilities | Debt Hedge | Swap IPCA x Fixed (U.S.$)        
Financial Instruments and Risks        
Notional amount | $ $ 121,003   $ 121,003  
Fair value   R$ (114,834)   R$ (548,763)