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INVENTORIES
6 Months Ended
Jun. 30, 2021
INVENTORIES  
INVENTORIES

8.INVENTORIES

June 30,

December 31,

    

2021

    

2020

Finished goods

Pulp

Domestic (Brazil)

659,142

553,229

Foreign

1,227,823

1,102,994

Paper

Domestic (Brazil)

369,397

225,058

Foreign

96,464

87,638

Work in process

95,674

81,465

Raw material

1,373,217

1,450,507

Spare parts and other

583,148

508,444

4,404,865

4,009,335

Inventories are disclosed net of estimated losses.

8.1.Rollforward of estimated losses

June 30,

December 31,

    

2021

    

2020

Beginning balance

(79,885)

(106,713)

Addition (1)

(16,020)

(77,173)

Reversal

5,353

11,498

Write-off (2)

35,563

92,503

Ending balance

(54,989)

(79,885)

1)

Refers substantially to the raw material in the amount of R$11,230 (R$56,305 as of December 31, 2020).

2)

Refers mainly to the amounts of (i) finished pulp product of R$1,083 (R$32,018 as of December 31, 2020) and (ii) raw material of R$33,231 (R$49,550 as of December 31, 2020).

For the six-month period ended June 30, 2021 and for the year ended December 31, 2020, there were no inventory items pledged as collateral.