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FINANCIAL INSTRUMENTS AND RISKS MANAGEMENT - Outstanding assets and liabilities derivatives positions (Details)
R$ in Thousands, $ in Thousands
Dec. 31, 2023
USD ($)
Dec. 31, 2023
BRL (R$)
Dec. 31, 2022
USD ($)
Dec. 31, 2022
BRL (R$)
Financial Instruments and Risks        
Fair value | R$   R$ 1,994,382   R$ 26,954
Debt hedges        
Financial Instruments and Risks        
Fair value | R$   (486,713)   (1,768,134)
Operational Hedge        
Financial Instruments and Risks        
Fair value | R$   2,231,475   1,754,670
Operational Hedge | Zero cost collar (U.S.$ x R$)        
Financial Instruments and Risks        
Principle amount $ 4,500,200   $ 6,866,800  
Fair value 1,968,337   1,596,089  
Operational Hedge | NDF (R$ x US$)        
Financial Instruments and Risks        
Principle amount 505,000   248,100  
Fair value 162,776   (2,474)  
Operational Hedge | NDF (Euro x US$)        
Financial Instruments and Risks        
Principle amount 262,088   544,702  
Fair value 100,362   161,055  
Commodity Hedge        
Financial Instruments and Risks        
Fair value 249,620   40,418  
Commodity Hedge | Zero cost collar (U.S.$ x R$)        
Financial Instruments and Risks        
Principle amount 163,100    
Fair value (3,148)    
Commodity Hedge | Swap US-CPI (US$)        
Financial Instruments and Risks        
Principle amount 131,510   124,960  
Fair value 230,471   40,418  
Commodity Hedge | Swap VLSFO/Brent        
Financial Instruments and Risks        
Principle amount 142,794    
Fair value 22,297    
Assets | Debt hedges        
Financial Instruments and Risks        
Fair value | R$   1,529,543   2,143,127
Assets | Debt hedges | Swap CDI x Fixed (US$)        
Financial Instruments and Risks        
Principle amount | R$   3,898,011   7,081,545
Fair value | R$   223,776   617,835
Assets | Debt hedges | Swap Pre-Fixed to US$        
Financial Instruments and Risks        
Principle amount | R$   738,800   1,317,226
Fair value | R$     45,329
Assets | Debt hedges | Swap SOFR to Fixed (US$) [Member]        
Financial Instruments and Risks        
Principle amount 2,555,626   3,200,000  
Fair value 1,104,984   1,052,546  
Assets | Debt hedges | Swap IPCA to CDI (notional in Brazilian Reais)        
Financial Instruments and Risks        
Principle amount | R$   4,320,471   2,041,327
Fair value | R$   161,542   427,417
Assets | Debt hedges | Swap IPCA to Fixed (US$)        
Financial Instruments and Risks        
Principle amount | R$     610,960
Fair value | R$    
Assets | Debt hedges | Swap CDI x SOFR (US$) [Member]        
Financial Instruments and Risks        
Principle amount | R$   644,850  
Fair value | R$   32,560  
Assets | Debt hedges | Swap SOFR to SOFR (US$) [Member]        
Financial Instruments and Risks        
Principle amount 150,961    
Fair value 6,681    
Liabilities | Debt hedges        
Financial Instruments and Risks        
Fair value | R$   (2,016,256)   (3,911,261)
Liabilities | Debt hedges | Swap CDI x Fixed (US$)        
Financial Instruments and Risks        
Principle amount 1,025,000   1,863,534  
Fair value (1,305,740)   (3,183,945)  
Liabilities | Debt hedges | Swap Pre-Fixed to US$        
Financial Instruments and Risks        
Principle amount 200,000   350,000  
Fair value (203,045)   (548,934)  
Liabilities | Debt hedges | Swap SOFR to Fixed (US$) [Member]        
Financial Instruments and Risks        
Principle amount 2,555,626   3,200,000  
Fair value (363,492)    
Liabilities | Debt hedges | Swap IPCA to CDI (notional in Brazilian Reais)        
Financial Instruments and Risks        
Principle amount | R$   4,274,397   1,741,787
Fair value | R$   R$ (113,897)   R$ (148,472)
Liabilities | Debt hedges | Swap IPCA to Fixed (US$)        
Financial Instruments and Risks        
Principle amount   121,003  
Fair value   (29,910)  
Liabilities | Debt hedges | Swap CDI x SOFR (US$) [Member]        
Financial Instruments and Risks        
Principle amount 125,000    
Fair value (6,786)    
Liabilities | Debt hedges | Swap SOFR to SOFR (US$) [Member]        
Financial Instruments and Risks        
Principle amount 150,961    
Fair value $ (23,296)