v3.25.4
FINANCIAL INSTRUMENTS - Derivative instruments (Details)
R$ in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2025
BRL (R$)
Dec. 31, 2024
BRL (R$)
Dec. 31, 2023
BRL (R$)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
FINANCIAL INSTRUMENTS          
Amount receivable R$ 36,623 R$ 52,868      
Amount payable 3,306 1,747      
Fair value of derivatives          
Current assets 36,623 16,921      
Non-current assets   35,947      
Total assets 36,623 52,868      
Current liabilities 3,306 1,747      
Total liabilities 3,306 1,747      
Net income          
Gains on financial instruments 22,107 86,743      
Losses on financial instruments (67,733) (263,644)      
Total gains (losses) on financial instruments (45,626) (176,901) R$ (14,979)    
Other comprehensive income          
Losses on financial instruments   (783)      
Total gains (losses) on financial instruments   (783)      
Commodity derivatives | Maturity In 2025          
FINANCIAL INSTRUMENTS          
Nominal value | $       $ 1.1 $ 4.3
Amount payable   1,747      
Commodity contracts | Maturity in 2026          
FINANCIAL INSTRUMENTS          
Amount receivable R$ 20,113 R$ 16,921      
Swaps USD x DI | Maturity in 2026          
FINANCIAL INSTRUMENTS          
Percentage of basis used to calculate interest rate 107.90% 107.90%      
Nominal value | $       $ 30.6 $ 30.6
Amount receivable R$ 16,510 R$ 35,947      
Swaps IPCA x DI | Maturity in 2026          
FINANCIAL INSTRUMENTS          
Percentage of basis used to calculate interest rate 1.10%        
Nominal value R$ 300,000        
Amount payable R$ 2,192        
Swaps IPCA x DI | Maturity in 2026          
FINANCIAL INSTRUMENTS          
Percentage of basis used to calculate interest rate 0.90%        
Nominal value R$ 150,000        
Amount payable R$ 1,114