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What goes up: Mince for $1 and sausages for 50c - supermarkets slash meat prices as demand plummets due to customers' large stockpiles from panic buying

What goes up: Mince for $1 and sausages for 50c - supermarkets slash meat prices as demand plummets due to customers' large stockpiles from panic buying
  • Prices of meat at some Coles stores have fallen to as little as 50c amid pandemic
  • Some stores were experiencing an oversupply of products due to panic buying 
  • Shoppers across NSW shared photos of beef sausages at 50c and chicken at 70c
Coles shoppers can buy 500grams of mince for a dollar and a pack of eight sausages for just 75 cents as supermarkets try to clear an excess of stock that's not being bought. 
The supermarket chain says customers are working their way through their meat stockpiles they bought at the height of the coronavirus panic buying in March, with many fearing staples would run out. 
This has left supermarkets with surplus stock that needs to be sold before it reaches the expiry date. 
Customers in NSW shared photos of mince for 75c, of beef sausages for 50c and two chicken breasts for 70c.  
We saw demand for meat increase astronomically in March as customers started to self-isolate and cook at home more often,' a Coles spokesperson said.
'As demand begins to normalise some stores have extra stock to clear, some have a lot and some have a little.'
One Coles shopper shared her haul which includes chicken breast for 70c and pork sausages for 75c
One Coles shopper shared her haul which includes chicken breast for 70c and pork sausages for 75c
Another shopper snatched a pack of beef sausages from just $1.13
Another shopper snatched a pack of beef sausages from just $1.13
Customers shared their 'hauls' online with many admitting they had never seen prices so low. 
'Never seen stuff marked down this low,' one Coles customer said. 
'These are the moments I live for,' another said
'Heaps of cheap meats like crazy prices I’ve never seen before like really they literally started at $1,' said a shopper. 
Coles said the coronavirus buying habits have moved through several phases. 
'Last month as people prepared for an extended period of isolation, we saw great demand for pantry staples, such as flour, pasta and tinned vegetables,' the spokesperson said.
Beef mince has been marked down to just 99c in some Coles stores
Beef mince has been marked down to just 99c in some Coles stores
Chicken breast, beef mince and beef sausages are seen on sale for less than $1
Chicken breast, beef mince and beef sausages are seen on sale for less than $1
'We are now seeing customers move towards products that they can use at home including hair colourants, baking mixes, gift cards for online entertainment, stationery and coffee capsules.
'As customers increasingly work from home we are seeing less demand for packaged salads, while social distancing has led to a downturn in sales of gums and mints, as well as for cinema and restaurant gift cards.'
Similar markdowns have been made at Woolworths with some stores selling packets of beef patties and sausages for $1.60. 
Other stores have been selling beef mince for $4.50 as prices are marked down due to oversupply
Other stores have been selling beef mince for $4.50 as prices are marked down due to oversupply

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