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FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT - Outstanding of assets and liabilities derivatives positions (Details)
R$ in Thousands, $ in Thousands
Jun. 30, 2021
USD ($)
Jun. 30, 2021
BRL (R$)
Dec. 31, 2020
USD ($)
Dec. 31, 2020
BRL (R$)
Financial Instruments and Risks        
Fair value   R$ (4,102,820)   R$ (6,775,980)
Debt Hedge        
Financial Instruments and Risks        
Fair value   (5,217,687)   (6,374,130)
Operational Hedge        
Financial Instruments and Risks        
Fair value   860,019   (772,509)
Operational Hedge | Zero cost collar (U.S.$ x R$)        
Financial Instruments and Risks        
Notional amount | $ $ 3,777,250   $ 3,212,250  
Fair value   837,500   (780,457)
Operational Hedge | NDF (R$ x US$)        
Financial Instruments and Risks        
Notional amount | $ 80,000   80,000  
Fair value   22,519   7,948
Commodity Hedge        
Financial Instruments and Risks        
Fair value   254,848   370,659
Commodity Hedge | Swap US-CPI (U.S.$)        
Financial Instruments and Risks        
Notional amount | $ 612,650   646,068  
Fair value   254,848   354,900
Commodity Hedge | Swap VLSFO        
Financial Instruments and Risks        
Notional amount | $     37,757  
Fair value       15,759
Assets | Debt Hedge        
Financial Instruments and Risks        
Fair value   543,450   483,564
Assets | Debt Hedge | Swap CDI x Fixed (U.S.$)        
Financial Instruments and Risks        
Notional amount   8,594,225   8,594,225
Fair value   102,173   719
Assets | Debt Hedge | Swap Pre-Fixed to U.S.$ (U.S.$)        
Financial Instruments and Risks        
Notional amount   1,317,226   1,317,226
Fair value   88,105   136,192
Assets | Debt Hedge | Swap LIBOR x Fixed (U.S.$)        
Financial Instruments and Risks        
Notional amount | $ 3,600,000   3,683,333  
Fair value   83,408   61,120
Assets | Debt Hedge | Swap IPCA x CDI        
Financial Instruments and Risks        
Notional amount   1,019,028   974,102
Fair value   269,764   285,533
Assets | Debt Hedge | Swap IPCA x Fixed (U.S.$)        
Financial Instruments and Risks        
Notional amount   545,000   520,973
Liabilities | Debt Hedge        
Financial Instruments and Risks        
Fair value   (5,761,137)   (6,857,694)
Liabilities | Debt Hedge | Swap CDI x Fixed (U.S.$)        
Financial Instruments and Risks        
Notional amount | $ 2,267,057   2,267,057  
Fair value   (4,268,430)   (4,978,028)
Liabilities | Debt Hedge | Swap Pre-Fixed to U.S.$ (U.S.$)        
Financial Instruments and Risks        
Notional amount | $ 350,000   350,000  
Fair value   (617,119)   (644,520)
Liabilities | Debt Hedge | Swap LIBOR x Fixed (U.S.$)        
Financial Instruments and Risks        
Notional amount | $ $ 3,600,000   $ 3,683,333  
Fair value   (789,664)   (1,120,312)
Liabilities | Debt Hedge | Swap IPCA x CDI        
Financial Instruments and Risks        
Notional amount   843,845   843,845
Liabilities | Debt Hedge | Swap IPCA x Fixed (U.S.$)        
Financial Instruments and Risks        
Notional amount   121,003   121,003
Fair value   R$ (85,924)   R$ (114,834)